The Internet is an ever-increasing platform that generates new opportunities to gain cash on the Internet. One of them is to become a domain name reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently functioning domains, so this is a blossoming business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain consists of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that handles the registrations and determines the prerequisites that each specific TLD may involve, including the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and handle all DNS records.
Make Profit From Selling Domains
A lot of Registrars have reseller programs that enable individuals to gain profit from offering domains to end clients. If you subscribe to such a program, you can kick off your own web business. Generally, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more people in regional districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will have a web page hosting CP where you can set the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer billing management software and templates for your online storefront, and the automation of the entire procedure together with the big demand for domains make the domain name reseller market niche so seductive. You will either obtain a ready-made site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and order form. Traditionally, you have the option to pick between the 2 alternatives, so it all revolves around how practiced you are in these matters. As a domain name reseller, you will operate under your very own personal trademark name and not under the Registrar's.
Make Revenue From Offering Web Hosting Solutions As Well
An adequate addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who would like to develop their web page and demand both a domain name and a web hosting package. Some firms furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing management software to bill your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the globe.