The World Wide Web is an ever-enlarging network that offers new opportunities to earn money online. One of these ways is to be a domain name reseller and sell domain names to end customers, gaining 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 1 000 000's of presently active domains, so this is an increasing trading niche that you can be involved in.
TLDs and SLDs
A domain name contains two constituents - a top-level domain name (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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each given Top-Level Domain may include, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain name records.
Gain Cash From Offering Domain Names
Multiple Registrars have reseller programs that allow people to gain cash from offering domains to end customers. If you sign up for such a program, you can begin your very own personal e-business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more users in regional districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a website hosting Control Panel where you can settle the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and web design templates for your online storefront, and the automation of the whole procedure combined with the towering demand for domain names render the domain name reseller business niche so alluring. You will either get a pre-built website and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Commonly, you have the opportunity to decide between the 2 possibilities, so it all depends on how skillful you are in these matters. As a domain name reseller, you will operate under your own brand and not on behalf of the Registrar's.
Earn Money From Supplying Web Space Hosting Packages As Well
A good addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to clients who want to develop their online portal and demand both a domain name and a web page hosting account. Certain corporations have such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your clients. You can then sell domains and shared website hosting accounts to clients, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to people from all over the world.