The Internet is an ever-flourishing platform that furnishes new options to make money online. One of them is to be a domain reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail cost 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 blossoming marketing niche that you can become a part of.
TLDs and SLDs
A domain name is made of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-character abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that tackles the registrations and determines the preconditions that each given TLD may contain, including the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all DNS records.
Gain Cash From Reselling Domains
Plenty of Registrars have reseller programs that permit people to make cash from selling domains to end customers. If you register with such a program, you can establish your own personal web business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more persons in provinces or countries where the Registrar may not be popular whatsoever. This implies 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 client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains On Behalf Of Your Own Brand
When you sign up for a domain name reseller program, you will get a web hosting CP where you can select the prices for the specific top-level domain names that the Registrar offers. Most companies also offer billing management software and site themes for your online storefront, and the automation of the entire procedure coupled with the towering demand for domain names render the domain name reseller business niche so attractive. You will either acquire a pre-developed website and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Commonly, you have the opportunity to choose between the 2 alternatives, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's.
Earn Revenue From Supplying Web Page Hosting Solutions As Well
A logical supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to persons who desire to have their online portal and need both a domain name and a website hosting package. Particular firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to charge your clients. You can then offer domain names and shared website 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 users from all around the globe.