The World Wide Web is an ever-expanding community that provides new ways to gain cash on the Web. One of these possibilities is to be a domain name reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is a blooming business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 entities - 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 name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the requirements that each specific top-level domain name may impose, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS records.
Earn Revenue From Offering Domain Names
Lots of Registrars have reseller programs that permit individuals to gain revenue from offering domain names to end users. If you subscribe to such a program, you can launch your own personal Internet business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more customers in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a webspace hosting Control Panel where you can settle the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also provide billing management software and web templates for your web shop, and the automation of the entire process coupled with the towering demand for domain names render the domain name reseller market niche so tempting. You will either obtain a turn-key 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 set up your own personal web portal and order form. Normally, you have the opportunity to choose between the 2 options, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will work on behalf of your very own personal brand name and not on behalf of the Registrar's.
Make Cash From Selling Web Site Hosting Packages Too
A good addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to customers who desire to make their website and demand both a domain name and a web page hosting account. Some firms have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to charge your clients. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.