The World Wide Web is an ever-expanding system that generates new ways to make money on the Web. One of these options is to become a domain reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a developing business niche that you can be a part of.
TLDs and SLDs
A domain comprises 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each specific Top-Level Domain may impose, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain name resource records.
Earn Profit From Offering Domains
Numerous Registrars have reseller programs that enable people to gain profit from selling domains to end customers. If you sign up for such a program, you can commence your very own personal online business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more people in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides 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 name registration.
Sell Top-Level Domain Names Under Your Very Own Brand Name
When you subscribe to a domain reseller program, you will get a web site hosting CP where you can settle the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoice management software and website themes for your online storefront, and the automation of the whole procedure coupled with the rising demand for domain names make the domain name reseller business niche so seductive. You will either obtain a ready-made site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own portal and order form. Usually, you have the option to choose between the two alternatives, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will operate on behalf of your personal brand and not under the Registrar's.
Gain Profit From Offering Web Site Hosting Accounts Too
A good addition to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to persons who desire to run their website and demand both a domain name and a website hosting account. Certain firms supply such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing software to charge your clients. You can then offer TLDs and shared website hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.