The World Wide Web is an ever-flourishing system that furnishes new possibilities to gain money on the Internet. One of these options is to be a domain reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a developing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-letter abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an institution that handles the registrations and sets the prerequisites that each particular Top-Level Domain may involve, including the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to clients and manage all domain name records.
Make Money From Offering Domain Names
Plenty of Registrars have reseller programs that allow individuals to make money from selling domain names to end clients. If you register with such a program, you can initiate your own online business. Regularly, 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 customer. The cause is that resellers can reach more persons in regional communities or countries where the Registrar may not be famous at all. 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 registration.
Sell Domains On Behalf Of Your Very Own Brand
When you sign up for a domain reseller program, you will get a web hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most firms also provide invoice software and web site themes for your virtual store, and the automation of the whole procedure combined with the enormous demand for domain names render the domain name reseller industry so desirable. You will either have a turn-key web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Traditionally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will do business under your own personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Offering Website Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to clients who wish to manage their web portal and demand both a domain and a website hosting package. Given corporations offer such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice management software to charge your customers. You can then sell domain names and shared website hosting packages to clients, and since they provide a lot of diverse domain extensions, you will be able to provide domain name and hosting services to users from all around the world.