The Internet is an ever-growing system that supplies new opportunities to make cash on the Web. One of these opportunities is to be a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an enlarging business niche that you can become a part of.
TLDs and SLDs
A domain involves two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that handles the registrations and determines the requirements that each concrete TLD may entail, like the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS resource records.
Gain Profit From Selling Domain Names
Many Registrars have reseller programs that permit people to gain money from offering domain names to end users. If you sign up for such a program, you can launch your own personal web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more clients in areas or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will receive a web hosting CP where you can determine the prices for the various TLDs that the Registrar provides. Most companies also provide invoicing software and web page layouts for your web shop, and the automation of the whole procedure combined with the big demand for domains render the domain reseller market niche so seductive. You will either obtain a pre-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 website and order form. Commonly, you have the opportunity to pick between the two alternatives, so it all depends on how experienced you are in these matters. As a domain name reseller, you will work on behalf of your very own brand name and not on behalf of the Registrar's brand.
Make Revenue From Supplying Web Page Hosting Plans As Well
A nice supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to users who want to create their online portal and need both a domain name and a site hosting plan. Particular companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing management software to charge your clients. You can then sell domain names and shared hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.