The World Wide Web is an ever-growing network that offers new possibilities to earn money on the Web. One of these possibilities is to become a domain name reseller and sell domain names to end users, earning 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 functioning domains, so this is a thriving business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of 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 name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each specific TLD may have, like the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS resource records.
Make Profit From Selling Domain Names
Lots of Registrars have reseller programs that allow individuals to gain money from selling domains to end users. If you subscribe to such a program, you can kickstart your very own electronic business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more clients in local communities or states where the Registrar may not be known at all. 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 requires for the domain registration.
Offer Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a website hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and web page themes for your web store, and the automation of the whole procedure combined with the great demand for domain names make the domain name reseller business so alluring. You will either have a turn-key site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal portal and order form. Commonly, you have the option to select between the 2 options, so it all depends on how advanced you are in these matters. As a domain name reseller, you will sell on behalf of your very own personal trademark name and not under the Registrar's brand.
Make Money From Reselling Web Site Hosting Packages As Well
A proper addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to users who desire to develop their web page and require both a domain and a site hosting account. A number of firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to bill your clients. You can then offer domain names and shared website hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to users from all around the world.