The World Wide Web is an ever-growing network that generates new opportunities to earn money online. One of these possibilities is to become a domain reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a blossoming business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 components - 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 SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an institution that administers the registrations and determines the requirements that each given TLD may contain, including the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name records.
Earn Money From Reselling Domain Names
Many Registrars have reseller programs that permit people to earn cash from offering domains to end clients. If you register with such a program, you can launch your own Internet business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more clients in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names On Behalf Of Your Very Own Brand
When you register with a domain name reseller program, you will get a site hosting Control Panel where you can choose the prices for the various TLDs that the Registrar offers. Most corporations also provide invoice software and site themes for your online store, and the automation of the entire procedure together with the enlarging demand for domains render the domain name reseller market niche so tempting. You will either acquire a ready-made site and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own website and order form. Commonly, you have the opportunity to decide between the 2 alternatives, so it all depends on how trained you are in these matters. As a domain name reseller, you will sell on behalf of your own trademark name and not on behalf of the Registrar's.
Gain Revenue From Providing Web Hosting Services As Well
A nice supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to users who would like to develop their web page and require both a domain and a web page hosting plan. A number of companies offer such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free billing software to bill your customers. You can then sell TLDs and shared web hosting plans to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the world.