The World Wide Web is an ever-flourishing network that provides new ways to earn money on the Web. One of these options is to be a domain name reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is an enlarging marketing niche that you can become a part of.
TLDs and SLDs
A domain consists of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
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 widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that tackles the registrations and determines the requirements that each concrete TLD may entail, like the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and manage all DNS records.
Earn Money From Selling Domains
Many Registrars have reseller programs that enable individuals to gain profit from selling domain names to end users. If you sign up for such a program, you can build your own personal online business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more people in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Domains Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will receive a hosting CP where you can set the prices for the various TLDs that the Registrar provides. Most corporations also provide billing software and web design themes for your web storefront, and the automation of the whole procedure coupled with the proliferating demand for domain names make the domain reseller market so desirable. You will either obtain a turn-key website and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own portal and order form. Normally, you have the option to pick between the 2 options, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will do business under your very own brand and not under the Registrar's.
Gain Profit From Offering Hosting Accounts As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to persons who want to set up their web portal and require both a domain name and a webspace hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to charge your clients. You can then offer domains and shared hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to users from all over the world.