The Internet is an ever-flourishing community that offers new ways to make cash on the Internet. One of these possibilities is to become a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a growing business niche that you can become a part of.
TLDs and SLDs
A domain name involves 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an organization that deals with the registrations and sets the requirements that each concrete top-level domain name may entail, like the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and manage all domain records.
Make Cash From Selling Domain Names
Plenty of Registrars have reseller programs that enable people to make revenue from offering domains to end users. If you subscribe to such a program, you can establish your own personal electronic business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more persons in regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Personal Brand
When you register with a domain name reseller program, you will acquire a web page hosting CP where you can select the prices for the different TLDs that the Registrar provides. Most companies also offer invoicing software and web skins for your web storefront, and the automation of the entire process coupled with the swelling demand for domain names render the domain name reseller market niche so tempting. You will either have a pre-built site and avail of 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 web portal and order form. Generally, you have the option to decide between the two options, so it all depends on how experienced you are in these things. As a domain name reseller, you will do business on behalf of your very own personal brand name and not on behalf of the Registrar's.
Gain Revenue From Selling Hosting Plans As Well
A suitable addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to clients who desire to create their website and demand both a domain and a hosting package. Certain companies offer such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to bill your customers. You can then offer domain names and shared website hosting plans to clients, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.