The Internet is an ever-developing system that generates new opportunities to gain money on the Web. One of these possibilities is to be a domain reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a growing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the preconditions that each specific TLD may contain, including the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to customers and manage all domain name records.
Earn Money From Selling Domains
Lots of Registrars have reseller programs that enable people to earn revenue from selling domain names to end users. If you register with such a program, you can initiate your own online business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more individuals in areas or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domains Under Your Personal Brand
When you sign up for a domain reseller program, you will receive a web hosting Control Panel where you can choose the prices for the individual top-level domain names that the Registrar provides. Most corporations also provide invoice transaction software and web design layouts for your online storefront, and the automation of the whole process coupled with the rising demand for domains make the domain name reseller market so desirable. You will either get a ready-for-use site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Commonly, you have the opportunity to pick between the 2 alternatives, so it all revolves around how skillful you are in these things. As a domain reseller, you will do business on behalf of your very own trademark name and not under the Registrar's.
Gain Money From Selling Hosting Plans As Well
A relevant addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to individuals who wish to run their web portal and demand both a domain and a web page hosting plan. A few companies provide such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your clients. You can then sell domains and shared website hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to individuals from all over the world.