The World Wide Web is an ever-developing platform that supplies new possibilities to gain cash online. One of these possibilities is to become a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently active domains, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is composed of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that administers the registrations and sets the prerequisites that each given Top-Level Domain may contain, including the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain name records.
Earn Cash From Selling Domains
A lot of Registrars have reseller programs that enable individuals to make money from offering domain names to end clients. If you sign up for such a program, you can begin your very own personal Internet business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more persons in regions or countries where the Registrar may not be popular whatsoever. 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 charges for the domain name registration.
Resell Domains On Behalf Of Your Own Brand Name
When you subscribe to a domain name reseller program, you will obtain a Control Panel where you can fix the prices for the various top-level domain names that the Registrar offers. Most corporations also offer billing management software and web layouts for your online storefront, and the automation of the whole process coupled with the proliferating demand for domains make the domain reseller industry so seductive. You will either obtain a pre-built site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web page and form for placing orders. Traditionally, you have the option to decide between the 2 options, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will do business under your own trademark name and not on behalf of the Registrar's.
Earn Cash From Trading Web Page Hosting Packages Too
A proper addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who desire to make their web portal and require both a domain name and a site hosting package. Some companies furnish such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing software to bill your customers. You can then offer domains and shared hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.