The World Wide Web is an ever-flourishing system that offers new ways to make money online. One of these opportunities is to become a domain name reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently active domains, so this is an expanding business niche that you can be engaged in.
TLDs and SLDs
A domain contains two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an organization that deals with the registrations and sets the preconditions that each specific Top-Level Domain may include, like the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain resource records.
Make Cash From Offering Domains
Plenty of Registrars have reseller programs that enable people to earn money from selling domains to end customers. If you register with such a program, you can set up your very own online business. Generally, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more clients in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domains Under Your Personal Brand
When you sign up for a domain name reseller program, you will get a webspace hosting Control Panel where you can choose the prices for the specific TLDs that the Registrar offers. Most firms also offer invoicing transaction software and web page skins for your virtual storefront, and the automation of the whole process coupled with the increasing demand for domain names render the domain name reseller industry so attractive. You will either acquire a ready-for-use web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own portal and order form. Traditionally, you have the option to decide between the two possibilities, so it all revolves around how accomplished you are in these things. As a domain reseller, you will do business on behalf of your very own personal trademark name and not under the Registrar's.
Gain Revenue From Trading Website Hosting Plans As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to people who want to manage their web portal and demand both a domain and a webspace hosting plan. Particular companies provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to charge your clients. You can then offer top-level domain names and shared web hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all around the world.