The World Wide Web is an ever-increasing platform that delivers new opportunities to make money on the Web. One of these possibilities is to be a domain reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a flourishing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name involves 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each given Top-Level Domain may entail, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain name resource records.
Gain Revenue From Selling Domains
Numerous Registrars have reseller programs that enable individuals to earn money from offering domains to end customers. If you subscribe to such a program, you can set up your very own e-business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more persons in regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer Domains On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will obtain a CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer invoice transaction software and web layouts for your web shop, and the automation of the whole process together with the increasing demand for domains render the domain reseller business so attractive. You will either get a pre-built web site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web page and order form. Traditionally, you have the opportunity to choose between the two alternatives, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will work on behalf of your very own personal brand and not on behalf of the Registrar's.
Gain Money From Promoting Hosting Services Too
A sensible supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to customers who wish to make their web portal and demand both a domain and a web hosting account. Given firms provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing management software to bill your customers. You can then sell domain names and shared website hosting plans to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.