The World Wide Web is an ever-developing platform that delivers new possibilities to gain cash on the Web. One of these ways is to be a domain name reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a thriving business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain contains 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each given TLD may entail, like the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and handle all DNS records.
Gain Revenue From Offering Domains
A lot of Registrars have reseller programs that allow people to earn money from selling domains to end users. If you register with such a program, you can launch your very own online business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more people in regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names Under Your Own Brand
When you sign up for a domain reseller program, you will obtain a hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most companies also provide billing management software and design templates for your web shop, and the automation of the entire procedure combined with the strong demand for domains make the domain name reseller industry so attractive. You will either acquire a ready-for-use site and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web site and order form. Commonly, you have the option to choose between the two alternatives, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will operate under your personal brand name and not under the Registrar's brand.
Earn Revenue From Supplying Site Hosting Solutions As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to customers who would like to have their online portal and need both a domain and a hosting account. Some companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing software to bill your customers. You can then offer domains and shared website hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.