The World Wide Web is an ever-enlarging community that supplies new possibilities to earn cash on the Internet. One of them is to be a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is an expanding business niche that you can be involved in.
TLDs and SLDs
A domain contains two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-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, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and determines the prerequisites that each particular Top-Level Domain may have, among them the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Earn Revenue From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to earn revenue from selling domains to end clients. If you sign up for such a program, you can kickstart your very own personal online business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more users in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a CP where you can choose the prices for the individual top-level domain names that the Registrar offers. Most companies also provide invoice transaction software and web design templates for your online storefront, and the automation of the entire procedure together with the strong demand for domains make the domain reseller industry so tempting. You will either have a ready-for-use website and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own web portal and form for placing orders. Generally, you have the option to pick between the two alternatives, so it all depends on how expert you are in these affairs. As a domain reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Revenue From Providing Site Hosting Solutions As Well
A perfect addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to customers who desire to establish their website and demand both a domain and a site hosting package. Some corporations have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then offer domains and shared hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all over the world.