The World Wide Web is an ever-growing platform that offers new ways to gain cash online. One of these ways is to be a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is a blossoming business niche that you can be engaged in.
TLDs and SLDs
A domain is composed of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
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 ccTLDs include two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an organization that handles the registrations and sets the requirements that each specific TLD may contain, like the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name resource records.
Earn Money From Selling Domains
Plenty of Registrars have reseller programs that enable people to gain revenue from offering domain names to end clients. If you sign up for such a program, you can set up your own personal online business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more customers in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand
When you sign up for a domain reseller program, you will receive a hosting Control Panel where you can choose the prices for the separate top-level domain names that the Registrar provides. Most companies also provide billing management software and design templates for your virtual storefront, and the automation of the entire process coupled with the high demand for domain names render the domain name reseller industry so alluring. You will either have a ready-to-use web site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Traditionally, you have the opportunity to select between the 2 alternatives, so it all depends on how advanced you are in these things. As a domain reseller, you will work under your own personal trademark name and not under the Registrar's.
Make Revenue From Selling Web Hosting Plans As Well
A proper supplement to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to individuals who desire to develop their web page and demand both a domain name and a web site hosting package. Certain firms provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to charge your clients. You can then offer top-level domain names and shared web hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.