The World Wide Web is an ever-expanding network that delivers new ways to earn money online. One of these possibilities is to be a domain name reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently active domains, so this is an enlarging business niche that you can become engaged in.
TLDs and SLDs
A domain consists of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD 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 famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that correspond to 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 Top-Level Domain, has a Registry - an organization that handles the registrations and sets the prerequisites that each concrete TLD may involve, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain name resource records.
Gain Cash From Trading Domain Names
Plenty of Registrars have reseller programs that enable people to make profit from selling domains to end users. If you subscribe to such a program, you can start your very own e-business. Typically, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can reach more customers in regional districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Brand
When you subscribe to a domain name reseller program, you will receive a webspace hosting CP where you can choose the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide billing management software and web site skins for your virtual store, and the automation of the entire procedure coupled with the flourishing demand for domains render the domain reseller industry so desirable. You will either receive a ready-made web site and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own web portal and order form. Generally, you have the option to pick between the two alternatives, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will do business on behalf of your very own personal brand and not under the Registrar's brand.
Earn Money From Selling Site Hosting Accounts As Well
A sensible addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to individuals who desire to establish their site and need both a domain and a web space hosting plan. Given companies supply such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to charge your customers. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to people from all around the world.