The Internet is an ever-growing community that provides new possibilities to gain money online. One of these ways is to become a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a blooming business niche that you can become involved in.
TLDs and SLDs
A domain name comprises two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains 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, whether it is a gTLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each particular top-level domain name may include, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS resource records.
Make Cash From Reselling Domains
Lots of Registrars have reseller programs that enable individuals to earn revenue from offering domains to end clients. If you sign up for such a program, you can commence your own personal electronic business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more clients in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names Under Your Personal Brand
When you register with a domain name reseller program, you will receive a hosting CP where you can settle the prices for the different TLDs that the Registrar provides. Most firms also provide invoicing transaction software and skins for your online store, and the automation of the whole procedure combined with the towering demand for domain names render the domain reseller industry so alluring. You will either receive a ready-made site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own web portal and form for placing orders. Typically, you have the option to choose between the two options, so it all revolves around how expert you are in these issues. As a domain name reseller, you will operate under your very own personal brand name and not under the Registrar's brand.
Gain Revenue From Reselling Website Hosting Plans As Well
An adequate supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to users who desire to run their web site and demand both a domain and a web hosting account. Some firms provide such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice transaction software to bill your customers. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.