The World Wide Web is an ever-expanding network that provides new options to earn money on the Internet. One of these opportunities is to be a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a flowering trading niche that you can be a part of.
TLDs and SLDs
A domain includes two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the preconditions that each specific TLD may include, such as the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and handle all domain resource records.
Make Profit From Selling Domain Names
Many Registrars have reseller programs that permit people to make profit from offering domains to end clients. If you sign up for such a program, you can kickstart your very own personal web business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more individuals in regional districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Domain Names Under Your Very Own Brand Name
When you subscribe to a domain reseller program, you will acquire a web space hosting Control Panel where you can set the prices for the various top-level domain names that the Registrar offers. Most corporations also offer billing transaction software and web design themes for your online storefront, and the automation of the entire process coupled with the expanding demand for domains make the domain reseller market so alluring. You will either obtain a pre-built web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web page and order form. Commonly, you have the opportunity to decide between the two alternatives, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will do business under your own personal brand name and not on behalf of the Registrar's.
Earn Money From Reselling Hosting Solutions Too
A suitable supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to individuals who would like to develop their website and require both a domain and a web hosting account. Certain corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to charge your customers. You can then offer domain names and shared web hosting accounts to clients, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.