The Internet is an ever-flourishing network that generates new opportunities to make money online. One of these possibilities is to become a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domains, so this is a thriving business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that manages the registrations and determines the requirements that each specific TLD may entail, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name resource records.
Earn Money From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to gain revenue from selling domain names to end customers. If you subscribe to such a program, you can initiate your very own personal e-business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more individuals in local districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will earn a 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.
Offer Top-Level Domain Names Under Your Own Brand Name
When you register with a domain reseller program, you will receive a web site hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and themes for your web store, and the automation of the whole process together with the swelling demand for domain names make the domain name reseller business so tempting. You will either receive a pre-developed site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Commonly, you have the option to decide between the two options, so it all depends on how experienced you are in these things. As a domain reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's.
Gain Cash From Trading Website Hosting Accounts Too
An appropriate supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to persons who want to launch their online portal and demand both a domain and a web space hosting account. A few companies furnish 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 cost-free invoicing software to bill your customers. You can then offer domain names and shared hosting packages to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.