The Internet is an ever-developing community that delivers new ways to gain cash on the Web. One of these opportunities is to become a domain reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blooming business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain consists of two parts - 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an institution that handles the registrations and determines the prerequisites that each specific Top-Level Domain may have, like the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain records.
Gain Profit From Reselling Domain Names
A lot of Registrars have reseller programs that enable individuals to gain cash from offering domain names to end customers. If you subscribe to such a program, you can launch your own online business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more clients in local communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will earn 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 registration.
Sell Domain Names Under Your Very Own Trademark Name
When you register with a domain reseller program, you will obtain a site hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide billing software and site themes for your virtual storefront, and the automation of the whole procedure coupled with the considerable demand for domain names make the domain name reseller industry so seductive. You will either obtain a turn-key site and make use of 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 portal and form for placing orders. Normally, you have the option to pick between the two options, so it all revolves around how trained you are in these matters. As a domain name reseller, you will do business under your own brand and not under the Registrar's brand.
Make Profit From Selling Web Hosting Plans As Well
A reasonable supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to persons who wish to run their site and need both a domain and a web page hosting package. A number of corporations furnish such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to bill your clients. You can then sell top-level domain names and shared website hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to customers from all over the world.