The World Wide Web is an ever-growing community that offers new options to earn cash on the Web. One of these ways is to be a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blooming marketing niche that you can become a part of.
TLDs and SLDs
A domain is made of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that deals with the registrations and sets the prerequisites that each specific top-level domain name may have, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and handle all DNS records.
Make Money From Selling Domains
Lots of Registrars have reseller programs that permit individuals to earn profit from offering domain names to end clients. If you register with such a program, you can establish your own online business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more persons in local districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell TLDs Under Your Very Own Brand Name
When you register with a domain name reseller program, you will receive a web site hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar provides. Most firms also offer invoicing transaction software and web site themes for your online shop, and the automation of the entire procedure coupled with the enormous demand for domains make the domain name reseller market so attractive. You will either acquire a pre-made web site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal website and form for placing orders. Typically, you have the opportunity to choose between the two possibilities, so it all revolves around how skillful you are in these things. As a domain name reseller, you will operate under your own personal brand and not under the Registrar's.
Earn Money From Offering Web Site Hosting Services Too
An excellent supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to individuals who desire to develop their web portal and need both a domain name and a web space hosting package. Some companies offer such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.