The World Wide Web is an ever-increasing network that generates new options to earn money on the Internet. One of these ways is to be a domain reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is a thriving business niche that you can be a part of.
TLDs and SLDs
A domain name involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and sets the preconditions that each particular Top-Level Domain may include, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all DNS resource records.
Earn Profit From Offering Domain Names
A lot of Registrars have reseller programs that permit people to gain profit from selling domains to end clients. If you sign up for such a program, you can build your very own web business. Generally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more people in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will receive a web site hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar provides. Most companies also offer invoicing software and web layouts for your virtual storefront, and the automation of the whole process combined with the significant demand for domain names make the domain name reseller business so tempting. You will either receive a turn-key web site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Commonly, you have the opportunity to select between the 2 possibilities, so it all depends on how proficient you are in these issues. As a domain reseller, you will sell on behalf of your own personal brand and not on behalf of the Registrar's.
Earn Money From Offering Webspace Hosting Solutions Too
A proper supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to users who want to develop their web portal and demand both a domain name and a hosting account. Some corporations supply such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then sell top-level domain names and shared web hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to users from all over the world.