The World Wide Web is an ever-flourishing platform that delivers new opportunities to make cash on the Web. One of these possibilities is to be a domain reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently active domain names, so this is an expanding business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each given top-level domain name may contain, including the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS records.
Earn Profit From Offering Domains
Multiple 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 launch your very own electronic business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more persons in areas or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Domains Under Your Very Own Brand Name
When you register with a domain name reseller program, you will have a site hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most firms also provide invoice transaction software and web site themes for your virtual storefront, and the automation of the whole procedure combined with the great demand for domains make the domain name reseller industry so seductive. You will either get a ready-to-use website and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal website and form for placing orders. Commonly, you have the option to choose between the 2 alternatives, so it all revolves around how trained you are in these affairs. As a domain reseller, you will sell on behalf of your own personal brand name and not under the Registrar's brand.
Earn Money From Reselling Web Space Hosting Services Too
A perfect supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to customers who want to establish their web portal and need both a domain and a web space hosting package. Given corporations provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing management software to charge your customers. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to customers from all over the world.