The Internet is an ever-growing network that delivers new opportunities to earn cash on the Web. One of these possibilities is to be a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is a blooming business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 components - 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-character abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each specific Top-Level Domain may have, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain records.
Make Profit From Selling Domains
Multiple Registrars have reseller programs that permit individuals to make money from selling domains to end users. If you register with such a program, you can start your own personal Internet business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can reach more persons in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names Under Your Own Trademark Name
When you register with a domain name reseller program, you will obtain a web space hosting CP where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide invoicing transaction software and website skins for your online shop, and the automation of the entire process combined with the immense demand for domains make the domain reseller business so alluring. You will either receive a ready-to-use web site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal portal and order form. Generally, you have the option to pick between the two possibilities, so it all revolves around how advanced you are in these things. As a domain reseller, you will work under your personal brand and not under the Registrar's brand.
Make Revenue From Offering Website Hosting Services Too
A reasonable addition to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to persons who want to launch their website and require both a domain and a hosting plan. Given companies provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to charge your clients. You can then offer domain names and shared website hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the globe.