The World Wide Web is an ever-growing platform that provides new opportunities to earn money online. One of them is to become a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domain names, so this is a growing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain includes two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-letter abbreviations that stand for 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 TLD, has a Registry - an organization that tackles the registrations and sets the preconditions that each given Top-Level Domain may impose, among them the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all DNS resource records.
Earn Revenue From Offering Domains
Numerous Registrars have reseller programs that permit people to earn money from offering domains to end clients. If you sign up for such a program, you can build your own online business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more individuals in provinces or states where the Registrar may not be famous whatsoever. This implies 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 charges for the domain name registration.
Trade Top-Level Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a website hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also offer invoice software and web design layouts for your virtual storefront, and the automation of the whole process together with the immense demand for domain names make the domain reseller business so alluring. You will either receive a pre-developed web site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web portal and form for placing orders. Traditionally, you have the option to pick between the 2 alternatives, so it all revolves around how trained you are in these issues. As a domain name reseller, you will sell under your personal brand and not under the Registrar's brand.
Make Cash From Providing Website Hosting Services As Well
A relevant supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to users who would like to make their web page and demand both a domain and a site hosting package. Given corporations furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to charge your customers. You can then sell domain names and shared web hosting accounts to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the globe.