The Internet is an ever-developing platform that furnishes new possibilities to earn cash on the Internet. One of these possibilities is to be a domain reseller and offer domains to end clients, making profit 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 1 000 000's of currently functioning domains, so this is a developing marketing niche that you can become a part of.
TLDs and SLDs
A domain comprises 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that deals with the registrations and determines the requirements that each particular TLD may contain, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain records.
Gain Profit From Reselling Domains
Numerous Registrars have reseller programs that enable people to make revenue from selling domain names to end clients. If you register with such a program, you can start your own online business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more individuals in local districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer TLDs Under Your Personal Brand
When you sign up for a domain reseller program, you will receive a hosting CP where you can fix the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer invoice management software and website templates for your online store, and the automation of the entire process coupled with the towering demand for domains render the domain reseller business so alluring. You will either obtain a ready-to-use site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Commonly, you have the option to decide between the two alternatives, so it all depends on how advanced you are in these affairs. As a domain reseller, you will sell under your personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Selling Website Hosting Plans Too
A suitable supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to individuals who want to launch their web site and demand both a domain name and a hosting account. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to bill your customers. You can then sell TLDs and shared web hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to users from all over the globe.