The World Wide Web is an ever-increasing system that furnishes new ways to earn money online. One of these ways is to become a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is an enlarging business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain includes two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific top-level domain name may include, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS records.
Make Cash From Offering Domain Names
A lot of Registrars have reseller programs that permit people to gain profit from offering domain names to end customers. If you subscribe to such a program, you can launch your own personal e-business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more individuals in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Domains Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will get a Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide billing software and web design layouts for your web shop, and the automation of the entire procedure combined with the large demand for domain names make the domain reseller industry so attractive. You will either acquire a turn-key site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own site and order form. Commonly, you have the opportunity to select between the 2 alternatives, so it all revolves around how experienced you are in these issues. As a domain reseller, you will do business on behalf of your very own personal brand name and not under the Registrar's brand.
Earn Revenue From Selling Web Site Hosting Packages As Well
A nice supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to users who wish to develop their web page and require both a domain name and a web page hosting package. A few firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to charge your clients. You can then sell domain names and shared hosting packages to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the globe.