The Internet is an ever-enlarging network that generates new ways to gain cash online. One of these ways is to be a domain name reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently active domain names, so this is a blooming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-letter abbreviations that correspond to 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 gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the prerequisites that each particular TLD may impose, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and handle all DNS resource records.
Make Revenue From Selling Domain Names
Multiple Registrars have reseller programs that enable individuals to make revenue from selling domains to end clients. If you register with such a program, you can initiate your own personal web business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more clients in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a Control Panel where you can select the prices for the separate top-level domain names that the Registrar offers. Most firms also provide invoice transaction software and web design layouts for your virtual shop, and the automation of the whole process together with the swelling demand for domain names render the domain reseller market niche so attractive. You will either get a ready-to-use site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web page and form for placing orders. Generally, you have the opportunity to pick between the two alternatives, so it all depends on how skilled you are in these issues. As a domain name reseller, you will operate under your own brand name and not under the Registrar's brand.
Make Cash From Selling Hosting Accounts Too
A logical supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to people who desire to have their site and require both a domain name and a site hosting package. Given companies have such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to bill your clients. You can then sell domains and shared hosting plans to clients, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.