The Internet is an ever-enlarging system that provides new opportunities to gain cash online. One of these possibilities is to be a domain reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is a flowering business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain involves two entities - 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 second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the prerequisites that each given Top-Level Domain may entail, among them the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS records.
Gain Profit From Offering Domain Names
A lot of Registrars have reseller programs that enable individuals to earn money from selling domains to end clients. If you register with such a program, you can build your own Internet business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can contact more users in local communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will get a web space hosting Control Panel where you can fix the prices for the different TLDs that the Registrar provides. Most corporations also provide billing transaction software and web page themes for your web storefront, and the automation of the whole process together with the growing demand for domains render the domain reseller market so seductive. You will either have a ready-for-use web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Normally, you have the option to decide between the two options, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will work under your own personal brand name and not on behalf of the Registrar's brand.
Earn Money From Supplying Site Hosting Packages Too
A good addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to persons who would like to launch their site and require both a domain name and a site hosting plan. A number of companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to charge your customers. You can then sell TLDs and shared web hosting plans to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to clients from all over the world.