The World Wide Web is an ever-growing system that delivers new opportunities to gain cash on the Web. One of these ways is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of currently active domains, so this is an increasing business niche that you can be a part of.
TLDs and SLDs
A domain name involves 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 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 TLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the preconditions that each concrete top-level domain name may impose, such as the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain name resource records.
Gain Cash From Selling Domain Names
Plenty of Registrars have reseller programs that enable people to earn revenue from selling domain names to end clients. If you sign up for such a program, you can establish your very own personal web business. Regularly, 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 user. The reason is that resellers can reach more people in provinces or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you register with a domain reseller program, you will acquire a hosting CP where you can settle the prices for the different TLDs that the Registrar offers. Most corporations also offer invoicing transaction software and layouts for your online store, and the automation of the whole process combined with the swelling demand for domain names make the domain reseller industry so desirable. You will either have a ready-for-use website and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own web portal and form for placing orders. Usually, you have the option to pick between the 2 alternatives, so it all revolves around how advanced you are in these things. As a domain name reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's brand.
Earn Cash From Supplying Hosting Services As Well
A proper addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to individuals who want to develop their site and require both a domain name and a web site hosting account. A few firms have 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 invoice software to bill your clients. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to individuals from all over the globe.