The Internet is an ever-expanding community that furnishes new possibilities to earn money on the Web. One of them is to become a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a blooming business niche that you can be a part of.
TLDs and SLDs
A domain includes two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that correspond to 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 TLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the preconditions that each concrete TLD may entail, such as the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain resource records.
Gain Revenue From Offering Domains
Many Registrars have reseller programs that allow people to gain revenue from selling domain names to end clients. If you sign up for such a program, you can kick off your very own personal e-business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can contact more customers in areas or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will take advantage of 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.
Resell Domains Under Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a web site hosting CP where you can select the prices for the individual TLDs that the Registrar provides. Most corporations also provide invoice transaction software and site themes for your virtual storefront, and the automation of the whole process together with the proliferating demand for domain names render the domain reseller market niche so seductive. You will either obtain a ready-made website and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Usually, you have the opportunity to decide between the 2 options, so it all revolves around how trained you are in these things. As a domain reseller, you will work under your own brand name and not on behalf of the Registrar's.
Make Money From Providing Web Site Hosting Accounts As Well
A logical addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to people who would like to make their web portal and need both a domain and a site hosting package. Given corporations provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing transaction software to bill your customers. You can then sell domain names and shared web hosting plans to customers, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.