The Internet is an ever-increasing community that generates new opportunities to make money online. One of these possibilities is to be a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is an expanding business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name includes two entities - 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 and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-character abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the preconditions that each given TLD may impose, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name resource records.
Earn Profit From Reselling Domains
Plenty of Registrars have reseller programs that permit individuals to make profit from selling domain names to end clients. If you sign up for such a program, you can start your very own personal web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more clients in provinces or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Brand Name
When you sign up for a domain name reseller program, you will obtain a hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most companies also provide invoicing transaction software and web layouts for your online shop, and the automation of the whole procedure combined with the huge demand for domains render the domain name reseller market so desirable. You will either acquire a ready-to-use web site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal website and form for placing orders. Normally, you have the opportunity to pick between the two alternatives, so it all revolves around how skilled you are in these things. As a domain name reseller, you will do business under your very own personal brand name and not on behalf of the Registrar's brand.
Gain Money From Providing Website Hosting Services Too
A suitable addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to people who want to set up their website and demand both a domain and a webspace hosting plan. A few corporations offer such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing transaction software to bill your clients. You can then offer domains and shared website hosting plans to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the world.