The World Wide Web is an ever-expanding network that supplies new opportunities to make money online. One of them is to be a domain name reseller and offer domain names to end clients, generating revenue 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 millions of currently functioning domain names, so this is a blooming business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain comprises two parts - 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, 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 prerequisites that each specific TLD may entail, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all DNS resource records.
Gain Revenue From Reselling Domains
A lot of Registrars have reseller programs that permit individuals to earn cash from offering domain names to end users. If you register with such a program, you can begin your very own personal electronic business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more users in local communities or states where the Registrar may not be popular whatsoever. This means 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 levies for the domain name registration.
Resell Domain Names Under Your Own Trademark Name
When you sign up for a domain name reseller program, you will have a web space hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoicing software and themes for your online store, and the automation of the whole procedure together with the flourishing demand for domains render the domain reseller business niche so attractive. You will either have a pre-made website and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Usually, you have the option to decide between the 2 alternatives, so it all revolves around how trained you are in these matters. As a domain reseller, you will work under your personal brand name and not under the Registrar's brand.
Earn Cash From Promoting Webspace Hosting Plans As Well
A sensible supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to individuals who wish to launch their online portal and require both a domain name and a site hosting plan. Particular corporations supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to charge your customers. You can then sell Top-Level Domains and shared hosting packages to customers, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.