The Internet is an ever-expanding platform that generates new ways to make money online. One of these options is to be a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a growing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the requirements that each given Top-Level Domain may entail, like the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to customers and handle all domain resource records.
Earn Cash From Selling Domains
Numerous Registrars have reseller programs that permit people to make cash from offering domain names to end customers. If you register with such a program, you can launch your own web business. Usually, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more clients in regional districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Domains Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a website hosting CP where you can choose the prices for the various TLDs that the Registrar offers. Most firms also provide billing software and site themes for your virtual storefront, and the automation of the whole procedure coupled with the proliferating demand for domains make the domain name reseller business niche so seductive. You will either acquire a turn-key site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own online portal and order form. Usually, you have the opportunity to select between the two alternatives, so it all depends on how experienced you are in these issues. As a domain reseller, you will do business under your very own personal brand name and not on behalf of the Registrar's.
Earn Money From Trading Web Site Hosting Plans Too
A logical supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to customers who wish to set up their web page and need both a domain name and a web hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then sell domains and shared hosting accounts to clients, and since they offer many diverse domain extensions, you will be able to offer domain and hosting services to customers from all over the world.