The Internet is an ever-flourishing system that provides new opportunities to earn money online. One of these possibilities is to become a domain reseller and offer domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is a growing trading niche that you can become a part of.
TLDs and SLDs
A domain contains 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete Top-Level Domain may entail, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and administer all domain name records.
Make Cash From Offering Domain Names
Plenty of Registrars have reseller programs that enable people to gain money from offering domains to end customers. If you subscribe to such a program, you can kick off your very own personal web business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more persons in areas or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Domains On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will have a web page hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar offers. Most firms also offer billing transaction software and web page themes for your online storefront, and the automation of the entire process coupled with the swelling demand for domains make the domain reseller market niche so seductive. You will either get a ready-to-use web site and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and order form. Usually, you have the opportunity to decide between the two options, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will sell under your own brand and not on behalf of the Registrar's brand.
Make Revenue From Reselling Web Hosting Services Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to persons who want to run their web portal and demand both a domain and a hosting plan. Given companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing software to charge your clients. You can then sell Top-Level Domains and shared hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to people from all around the world.