The World Wide Web is an ever-enlarging system that offers new opportunities to earn money on the Web. One of these ways is to be a domain name reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is an increasing business niche that you can become a part of.
TLDs and SLDs
A domain includes two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-letter abbreviations that denote 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 gTLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each specific top-level domain name may entail, like the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to clients and administer all domain resource records.
Gain Cash From Offering Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain revenue from offering domains to end customers. If you sign up for such a program, you can set up your own e-business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more users in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Personal Brand Name
When you sign up for a domain name reseller program, you will receive a CP where you can choose the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and web site layouts for your online storefront, and the automation of the whole procedure together with the huge demand for domains render the domain name reseller business niche so alluring. You will either receive a turn-key website and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web site and order form. Generally, you have the opportunity to decide between the two alternatives, so it all revolves around how advanced you are in these matters. As a domain reseller, you will do business under your personal trademark name and not under the Registrar's brand.
Earn Money From Selling Website Hosting Plans Too
An appropriate supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to clients who would like to set up their web portal and require both a domain name and a web hosting plan. Certain corporations supply 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 sell top-level domain names and shared hosting plans to clients, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.