The World Wide Web is an ever-growing platform that provides new possibilities to gain money on the Internet. One of them is to become a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name contains two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-letter abbreviations that stand for each country. Instances of ccTLDs 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 prerequisites that each given Top-Level Domain may include, among them the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain resource records.
Gain Money From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to gain profit from offering domain names to end users. If you subscribe to such a program, you can commence your own personal online business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more persons in local districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Domain Names Under Your Very Own Trademark Name
When you sign up for a domain reseller program, you will get a site hosting Control Panel where you can set the prices for the specific TLDs that the Registrar offers. Most firms also provide billing software and layouts for your web shop, and the automation of the entire procedure together with the high demand for domain names render the domain reseller market so seductive. You will either acquire a ready-to-use site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal site and form for placing orders. Generally, you have the option to select between the 2 options, so it all revolves around how skillful you are in these issues. As a domain reseller, you will do business on behalf of your very own brand and not under the Registrar's.
Make Revenue From Reselling Site Hosting Accounts Too
A relevant supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to clients who would like to have their website and require both a domain and a web page hosting package. A number of companies furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your customers. You can then sell top-level domain names and shared hosting accounts to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.