The Internet is an ever-growing community that provides new opportunities to gain money on the Web. One of these options is to be a domain name reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently active domain names, so this is a flowering business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is made of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that denote each country. Instances 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 TLD, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete Top-Level Domain may involve, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain resource records.
Make Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn profit from selling domain names to end customers. If you register with such a program, you can kickstart your very own personal electronic business. Commonly, a domain name 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 cause is that resellers can reach more people in areas 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 revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell TLDs Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a website hosting Control Panel where you can settle the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoicing software and design themes for your virtual storefront, and the automation of the entire procedure combined with the large demand for domain names render the domain reseller business niche so seductive. You will either obtain a ready-for-use site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own portal and form for placing orders. Traditionally, you have the option to decide between the two possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's brand.
Earn Profit From Trading Site Hosting Accounts As Well
A suitable addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to customers who desire to develop their online portal and demand both a domain and a web site hosting package. A number of companies supply such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to bill your clients. You can then offer top-level domain names and shared hosting plans to customers, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to persons from all over the world.