The Internet is an ever-increasing platform that provides new possibilities to earn cash on the Internet. One of these ways is to be a domain name reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain includes 2 constituents - 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 name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that tackles the registrations and sets the prerequisites that each specific TLD may have, such as the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name resource records.
Earn Profit From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to gain money from offering domains to end users. If you register with such a program, you can kick off your very own online business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more users in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will get a hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also offer billing software and web skins for your online store, and the automation of the whole process combined with the swelling demand for domain names render the domain reseller market so tempting. You will either get a pre-made web site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal portal and form for placing orders. Normally, you have the opportunity to pick between the two possibilities, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will work on behalf of your own personal brand and not under the Registrar's brand.
Gain Money From Trading Web Space Hosting Plans As Well
A logical addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to individuals who would like to develop their website and require both a domain name and a web space hosting package. Particular firms supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to charge your clients. You can then offer TLDs and shared web hosting plans 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 customers from all over the globe.