The World Wide Web is an ever-increasing platform that generates new ways to earn cash on the Internet. One of these opportunities is to become a domain name reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domains, so this is a blooming marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain involves 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain two-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the preconditions that each specific TLD may entail, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to clients and handle all DNS records.
Gain Profit From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to earn revenue from offering domain names to end clients. If you sign up for such a program, you can kickstart your very own personal online business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will have a web site hosting CP where you can choose the prices for the different TLDs that the Registrar provides. Most companies also offer billing software and website templates for your online store, and the automation of the entire procedure combined with the rising demand for domain names render the domain name reseller market niche so tempting. You will either have a pre-developed website and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web site and form for placing orders. Commonly, you have the opportunity to choose between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's.
Gain Cash From Selling Hosting Packages As Well
A proper supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to users who want to develop their web page and demand both a domain name and a web page hosting package. Particular firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to bill your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to users from all over the globe.