The World Wide Web is an ever-flourishing system that delivers new options to earn cash on the Web. One of these ways is to be a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a blossoming business niche that you can become engaged in.
TLDs and SLDs
A domain name is made of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an organization that handles the registrations and sets the preconditions that each concrete top-level domain name may entail, like the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name records.
Gain Profit From Reselling Domains
Numerous Registrars have reseller programs that allow people to earn revenue from offering domains to end clients. If you sign up for such a program, you can launch your own web business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more persons in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domains Under Your Own Personal Brand
When you sign up for a domain name reseller program, you will have a webspace hosting Control Panel where you can determine the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer invoice software and site layouts for your online shop, and the automation of the entire process together with the immense demand for domain names render the domain name reseller business so tempting. You will either have a ready-made website and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own web site and form for placing orders. Usually, you have the option to select between the 2 alternatives, so it all depends on how experienced you are in these things. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's.
Make Money From Supplying Hosting Solutions Too
An excellent addition to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to people who would like to launch their web page and demand both a domain and a hosting package. Given companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to persons from all around the world.