The World Wide Web is an ever-growing network that delivers new ways to earn money online. One of these opportunities is to be a domain name reseller and sell domain names to end clients, generating profit 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 currently active domains, so this is a blossoming trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain includes 2 parts - 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 and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic 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 impose, including the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS records.
Earn Money From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to earn revenue from selling domain names to end users. If you register with such a program, you can set up your own personal electronic business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more clients in areas or countries where the Registrar may not be known 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 customer pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will acquire 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 provide billing software and layouts for your virtual store, and the automation of the whole process together with the huge demand for domains render the domain reseller industry so tempting. You will either obtain a ready-for-use site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own website and form for placing orders. Traditionally, you have the option to choose between the two possibilities, so it all revolves around how accomplished you are in these issues. As a domain name reseller, you will work on behalf of your own brand and not on behalf of the Registrar's brand.
Gain Profit From Promoting Web Page Hosting Plans As Well
A relevant addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to clients who would like to make their website and need both a domain name and a website hosting account. A number of corporations supply such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing transaction software to bill your clients. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they offer many different domain extensions, you will be able to provide domain and hosting services to persons from all around the globe.