The Internet is an ever-growing community that provides new possibilities to earn money on the Web. One of these options 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 domains are registered each day, and there are 1 000 000's of currently active domains, so this is a blossoming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name includes two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-letter abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that handles the registrations and determines the requirements that each concrete Top-Level Domain may include, including the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name resource records.
Gain Profit From Trading Domains
Many Registrars have reseller programs that permit people to make money from offering domains to end clients. If you register with such a program, you can kickstart your very own online business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit 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.
Resell TLDs Under Your Own Brand Name
When you register with a domain reseller program, you will receive a hosting CP where you can choose the prices for the specific TLDs that the Registrar provides. Most companies also offer billing management software and website templates for your online shop, and the automation of the entire procedure combined with the strong demand for domain names render the domain name reseller market niche so tempting. You will either have a ready-to-use site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own site and order form. Usually, you have the opportunity to select between the 2 alternatives, so it all depends on how experienced you are in these issues. As a domain reseller, you will sell under your own brand name and not under the Registrar's.
Make Profit From Reselling Web Page Hosting Accounts As Well
A nice addition to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to people who would like to develop their online portal and require both a domain name and a hosting plan. Particular firms offer such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to bill your clients. You can then sell top-level domain names and shared website hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.