The World Wide Web is an ever-growing platform that furnishes new ways to earn money on the Web. One of these ways is to become a domain name reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domains, so this is an expanding marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that handles the registrations and determines the prerequisites that each given top-level domain name may involve, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain resource records.
Earn Revenue From Trading Domains
Plenty of Registrars have reseller programs that permit people to earn money from offering domain names to end users. If you subscribe to such a program, you can build your own personal Internet business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more users in areas or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Brand Name
When you register with a domain reseller program, you will have a site hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar offers. Most firms also provide invoice software and web site skins for your web store, and the automation of the whole procedure combined with the proliferating demand for domains make the domain name reseller business niche so attractive. You will either acquire a pre-made site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Usually, you have the option to decide between the two options, so it all revolves around how advanced you are in these affairs. As a domain reseller, you will sell under your own personal trademark name and not under the Registrar's.
Make Money From Supplying Site Hosting Solutions As Well
A proper addition to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to persons who wish to develop their web portal and require both a domain and a site hosting account. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing management software to bill your customers. You can then offer top-level domain names and shared website hosting plans to customers, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.