The World Wide Web is an ever-flourishing platform that furnishes new ways to gain cash on the Internet. One of these opportunities is to be a domain reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently functioning domains, so this is a thriving marketing niche that you can be engaged in.
TLDs and SLDs
A domain contains 2 pieces - 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 Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that tackles the registrations and sets the requirements that each given TLD may include, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to clients and handle all DNS records.
Make Cash From Trading Domains
Numerous Registrars have reseller programs that permit individuals to earn cash from selling domain names to end users. If you register with such a program, you can begin your own online business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more clients in regional communities or countries where the Registrar may not be famous whatsoever. This implies 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 customer pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domains Under Your Personal Brand
When you register with a domain reseller program, you will acquire a hosting Control Panel where you can choose the prices for the various TLDs that the Registrar offers. Most companies also offer billing management software and web site layouts for your web shop, and the automation of the entire process combined with the increasing demand for domain names make the domain reseller business niche so attractive. You will either have a pre-made site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal portal and form for placing orders. Traditionally, you have the option to select between the 2 possibilities, so it all depends on how accomplished you are in these issues. As a domain reseller, you will do business on behalf of your very own personal trademark name and not under the Registrar's brand.
Make Profit From Selling Web Site Hosting Services As Well
A nice addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who desire to manage their web portal and require both a domain and a hosting package. A few corporations offer such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to charge your customers. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.