The Internet is an ever-expanding community that furnishes new possibilities to make cash online. One of these ways is to become a domain reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently active domains, so this is a developing business niche that you can be involved in.
TLDs and SLDs
A domain name comprises two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the preconditions that each particular Top-Level Domain may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS resource records.
Make Revenue From Selling Domain Names
A lot of Registrars have reseller programs that permit individuals to earn profit from selling domain names to end customers. If you register with such a program, you can begin your very own e-business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more users in provinces or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domains On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will get a website hosting Control Panel where you can set the prices for the specific TLDs that the Registrar offers. Most corporations also offer invoice transaction software and web page templates for your web shop, and the automation of the entire process combined with the towering demand for domain names render the domain name reseller business niche so tempting. You will either receive a ready-to-use site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and order form. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will sell under your very own personal trademark name and not under the Registrar's brand.
Earn Money From Promoting Site Hosting Solutions As Well
A nice supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to customers who desire to develop their web portal and need both a domain and a website hosting package. Certain corporations provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to charge your customers. You can then offer TLDs and shared web hosting packages to customers, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to users from all over the world.