The World Wide Web is an ever-expanding platform that furnishes new ways to gain money on the Internet. One of them is to be a domain reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an increasing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name includes two pieces - 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 SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that stand for 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 manages the registrations and determines the preconditions that each specific TLD may contain, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually sell the domain name to clients and manage all domain name resource records.
Gain Revenue From Selling Domain Names
Multiple 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 begin your very own web business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more persons in local communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Domains Under Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most firms also provide invoicing transaction software and web layouts for your web storefront, and the automation of the entire process together with the huge demand for domain names make the domain name reseller industry so desirable. You will either obtain a ready-made website and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal online portal and order form. Generally, you have the option to decide between the two options, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will sell under your own personal brand name and not under the Registrar's.
Earn Profit From Offering Web Page Hosting Solutions As Well
A sensible addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to customers who would like to have their web page and demand both a domain and a web page hosting account. Certain companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to bill your clients. You can then sell top-level domain names and shared web hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the globe.