The World Wide Web is an ever-growing network that supplies new ways to make cash on the Internet. One of these opportunities is to be a domain reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a growing business niche that you can be involved in.
TLDs and SLDs
A domain name includes two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that represent each country. Examples of country-code top-level domain names 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 TLD, has a Registry - an organization that administers the registrations and sets the preconditions that each specific TLD may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to clients and handle all domain name resource records.
Make Money From Reselling Domains
Lots of Registrars have reseller programs that enable individuals to earn revenue from offering domain names to end users. If you register with such a program, you can kick off your own personal online 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 client. The reason is that resellers can reach more individuals in regional communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties 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 requires for the domain registration.
Resell Domains On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a hosting CP where you can fix the prices for the various TLDs that the Registrar offers. Most corporations also offer invoicing transaction software and web page themes for your web shop, and the automation of the whole process coupled with the considerable demand for domain names render the domain reseller market so alluring. You will either receive a pre-developed web site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web portal and order form. Traditionally, you have the opportunity to decide between the two alternatives, so it all depends on how expert you are in these things. As a domain reseller, you will do business under your own brand name and not under the Registrar's brand.
Earn Profit From Reselling Hosting Solutions Too
A proper supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to persons who want to run their web portal and require both a domain and a web hosting account. Some corporations have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to charge your clients. You can then offer top-level domain names and shared web hosting plans to customers, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to clients from all around the globe.