The World Wide Web is an ever-expanding community that offers new opportunities to make money on the Web. One of them is to be a domain reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently functioning domains, so this is a thriving business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-character abbreviations that represent 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 gTLD or a country-code one, has a Registry - an organization that administers the registrations and sets the requirements that each given top-level domain name may include, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain resource records.
Make Revenue From Selling Domain Names
Multiple Registrars have reseller programs that allow people to gain revenue from selling domains to end users. If you sign up for such a program, you can commence your own personal web business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from 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 Top-Level Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will acquire a web page hosting Control Panel where you can fix the prices for the specific top-level domain names that the Registrar offers. Most companies also provide invoice transaction software and web design templates for your virtual store, and the automation of the entire process combined with the growing demand for domain names render the domain name reseller market niche so alluring. You will either obtain a pre-made site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal website and order form. Generally, you have the opportunity to choose between the 2 alternatives, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Gain Cash From Reselling Site Hosting Accounts As Well
A suitable addition to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to people who wish to run their web page and need both a domain name and a web hosting account. Given corporations offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free invoice management software to bill your clients. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to clients from all around the world.