The World Wide Web is an ever-expanding platform that provides new ways to make money on the Web. One of these opportunities is to be a domain name reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an expanding business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 constituents - 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 TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains 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 organization that handles the registrations and sets the preconditions that each given top-level domain name may have, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and administer all domain resource records.
Earn Profit From Offering Domain Names
A lot of Registrars have reseller programs that enable people to make cash from selling domains to end users. If you subscribe to such a program, you can initiate your own personal e-business. Normally, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more clients in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Domains Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a website hosting Control Panel where you can fix the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoice software and website themes for your online shop, and the automation of the whole process together with the proliferating demand for domain names make the domain name reseller business so seductive. You will either obtain a ready-to-use website and use the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal online portal and order form. Commonly, you have the opportunity to pick between the 2 possibilities, so it all revolves around how practiced you are in these issues. As a domain reseller, you will work under your own brand and not on behalf of the Registrar's.
Earn Cash From Trading Hosting Solutions As Well
A perfect supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to persons who would like to have their online portal and demand both a domain and a site hosting plan. Certain companies have such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to bill your clients. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.