The Internet is an ever-expanding community that furnishes new possibilities to make cash online. One of them is to be a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of presently functioning domain names, so this is a growing business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name includes two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the prerequisites that each specific Top-Level Domain may contain, including the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to clients and administer all domain resource records.
Earn Revenue From Selling Domain Names
Many Registrars have reseller programs that enable people to gain cash from offering domains to end customers. If you sign up for such a program, you can kickstart your own online business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more customers in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from 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.
Sell Top-Level Domains Under Your Very Own Brand Name
When you register with a domain name reseller program, you will get a site hosting Control Panel where you can select the prices for the various top-level domain names that the Registrar offers. Most corporations also provide billing software and web themes for your online storefront, and the automation of the whole process combined with the large demand for domain names make the domain name reseller market niche so attractive. You will either acquire a ready-made website 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 build your very own online portal and order form. Usually, you have the option to choose between the two possibilities, so it all depends on how trained you are in these things. As a domain reseller, you will do business on behalf of your very own brand name and not under the Registrar's.
Earn Money From Promoting Website Hosting Packages Too
A reasonable 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 users who desire to launch their web portal and need both a domain name and a site hosting package. Particular companies provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing transaction software to charge your clients. You can then offer Top-Level Domains and shared hosting plans to clients, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to persons from all around the world.