The World Wide Web is an ever-increasing network that delivers new possibilities to earn money online. One of these opportunities is to become a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a flowering trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the prerequisites that each specific Top-Level Domain may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain resource records.
Make Money From Offering Domain Names
Lots of Registrars have reseller programs that allow people to make cash from offering domains to end users. If you sign up for such a program, you can begin your very own electronic business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more customers in local communities or countries where the Registrar may not be popular whatsoever. 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.
Sell Domains On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will obtain a website hosting Control Panel where you can set the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoice management software and web layouts for your online store, and the automation of the whole procedure together with the proliferating demand for domain names render the domain reseller business niche so alluring. You will either acquire a turn-key site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web page and form for placing orders. Commonly, you have the opportunity to decide between the 2 alternatives, so it all depends on how trained you are in these things. As a domain reseller, you will do business under your own brand name and not on behalf of the Registrar's.
Gain Money From Offering Web Page Hosting Accounts 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 people who want to have their online portal and demand both a domain name and a hosting plan. Given firms provide such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then offer domain names and shared website hosting packages to clients, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to people from all around the world.