The World Wide Web is an ever-growing network that offers new opportunities to earn money on the Web. One of these ways is to be a domain name reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is an expanding trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD 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 most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that manages the registrations and sets the prerequisites that each particular Top-Level Domain may include, 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 companies that actually sell the domain name to clients and handle all DNS resource records.
Earn Profit From Reselling Domains
A lot of Registrars have reseller programs that allow people to earn cash from offering domains to end clients. If you register with such a program, you can commence your own personal web business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more persons in local districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain name reseller program, you will get a hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide invoicing software and skins for your web shop, and the automation of the whole procedure coupled with the proliferating demand for domain names make the domain reseller industry so desirable. You will either acquire a ready-made website and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal website and form for placing orders. Commonly, you have the option to pick between the two possibilities, so it all revolves around how advanced you are in these matters. As a domain reseller, you will do business under your very own brand and not on behalf of the Registrar's brand.
Gain Money From Supplying Web Hosting Packages Too
A logical supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to clients who wish to create their web portal and require both a domain name and a webspace hosting plan. Given corporations supply such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing management software to bill your customers. You can then offer domains and shared hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.