The World Wide Web is an ever-flourishing community that delivers new possibilities to gain money on the Internet. One of them is to be a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is a blooming business niche that you can be a part of.
TLDs and SLDs
A domain name is made of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".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 domain names include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that manages the registrations and determines the prerequisites that each concrete Top-Level Domain may have, including the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain records.
Gain Revenue From Selling Domain Names
Many Registrars have reseller programs that enable people to earn money from selling domain names to end customers. If you subscribe to such a program, you can set up your very own personal e-business. Usually, a domain 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 reason is that resellers can reach more individuals in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides 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 charges for the domain registration.
Offer Domains On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will have a web space hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer billing transaction software and design templates for your web shop, and the automation of the entire procedure coupled with the big demand for domain names make the domain reseller industry so alluring. You will either acquire a ready-for-use website and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Typically, you have the opportunity to select between the 2 alternatives, so it all revolves around how expert you are in these things. As a domain name reseller, you will operate under your own brand and not on behalf of the Registrar's.
Gain Profit From Selling Web Hosting Services Too
An adequate addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to clients who want to develop their web portal and need both a domain and a web space hosting plan. Particular companies have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to charge your clients. You can then offer Top-Level Domains and shared hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all over the globe.