The Internet is an ever-developing network that generates new options to gain cash online. One of these options is to become a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is a developing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name 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 SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete top-level domain name may involve, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain name resource records.
Make Money From Offering Domain Names
Multiple Registrars have reseller programs that permit individuals to earn revenue from selling domains to end customers. If you subscribe to such a program, you can start your very own personal web business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more clients in regional communities or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Very Own Trademark Name
When you register with a domain reseller program, you will receive a website hosting CP where you can fix the prices for the separate top-level domain names that the Registrar provides. Most companies also offer invoice transaction software and themes for your web store, and the automation of the entire procedure together with the immense demand for domain names make the domain name reseller market niche so desirable. You will either obtain a ready-made web site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal portal and order form. Traditionally, you have the option to choose between the two possibilities, so it all revolves around how practiced you are in these things. As a domain name reseller, you will operate under your very own personal brand name and not under the Registrar's.
Make Money From Selling Website Hosting Solutions As Well
A proper addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to users who want to develop their online portal and require both a domain and a web site hosting account. Particular corporations supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing transaction software to charge your clients. You can then sell domain names and shared website hosting packages to clients, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to customers from all around the world.