The Internet is an ever-increasing community that provides new opportunities to make cash online. One of these possibilities is to become a domain reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a growing business niche that you can be a part of.
TLDs and SLDs
A domain involves two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-letter 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 name or a country-code TLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each concrete top-level domain name may have, including the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS records.
Make Profit From Reselling Domain Names
A lot of Registrars have reseller programs that allow people to earn revenue from offering domain names to end users. If you sign up for such a program, you can establish your own e-business. Typically, a domain name will cost less 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 contact more users in regional communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will obtain a webspace hosting CP where you can determine the prices for the separate TLDs that the Registrar offers. Most firms also provide invoicing transaction software and design layouts for your web storefront, and the automation of the entire procedure coupled with the rising demand for domain names make the domain name reseller business so seductive. You will either receive a ready-to-use web 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 create your very own site and order form. Traditionally, you have the option to select between the two alternatives, so it all depends on how proficient you are in these issues. As a domain reseller, you will operate under your very own brand and not on behalf of the Registrar's brand.
Gain Money From Selling Webspace Hosting Solutions Too
A good addition to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to clients who would like to establish their site and require both a domain and a web page hosting plan. Certain corporations provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing software to bill your customers. You can then sell TLDs and shared hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to clients from all around the globe.