The Internet is an ever-growing platform that delivers new opportunities to gain money online. One of these opportunities is to become a domain name reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain involves two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-letter abbreviations that signify 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 ccTLD, has a Registry - an institution that tackles the registrations and determines the requirements that each given top-level domain name may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and handle all DNS records.
Earn Profit From Reselling Domains
Many Registrars have reseller programs that permit people to make money from selling domain names to end users. If you sign up for such a program, you can begin your own web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more users in regional districts or countries where the Registrar may not be famous whatsoever. 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 customer pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs Under Your Very Own Trademark Name
When you register with a domain name reseller program, you will get a web page hosting CP where you can select the prices for the specific top-level domain names that the Registrar offers. Most corporations also provide invoicing software and design layouts for your online storefront, and the automation of the whole process together with the towering demand for domains render the domain reseller market niche so alluring. You will either obtain a ready-made web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal website and order form. Traditionally, you have the opportunity to select between the 2 alternatives, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will work under your very own brand and not on behalf of the Registrar's brand.
Make Revenue From Offering Web Hosting Solutions Too
A reasonable supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to individuals who wish to set up their website and demand both a domain and a website hosting account. Given companies offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoicing transaction software to bill your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to clients from all around the world.