The World Wide Web is an ever-increasing platform that delivers new ways to make cash online. One of these opportunities is to become a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of presently active domains, so this is a growing business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name contains two entities - 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 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 common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that deals with the registrations and determines the requirements that each given TLD may contain, like the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and manage all domain name resource records.
Earn Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that allow individuals to make money from selling domain names to end clients. If you register with such a program, you can set up your very own personal Internet business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more clients in local districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will have a site hosting Control Panel where you can select the prices for the individual top-level domain names that the Registrar offers. Most companies also provide invoicing software and website skins for your online shop, and the automation of the entire process coupled with the big demand for domain names render the domain name reseller industry so attractive. You will either get a pre-made site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal online portal and form for placing orders. Typically, you have the option to decide between the two alternatives, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will operate under your very own brand name and not under the Registrar's brand.
Earn Money From Providing Web Space Hosting Packages As Well
A relevant addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to individuals who desire to have their web site and need both a domain name and a web hosting account. A number of companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to bill your clients. You can then offer domains and shared website hosting packages to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the world.