The World Wide Web is an ever-developing platform that furnishes new options to earn cash online. One of these ways is to be a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is a developing business niche that you can become involved in.
TLDs and SLDs
A domain name includes two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-letter abbreviations that represent each country. Instances 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 or a ccTLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each specific Top-Level Domain may have, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and handle all DNS records.
Make Revenue From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to earn cash from selling domains to end customers. If you subscribe to such a program, you can commence your own electronic business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in areas or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a web site hosting CP where you can fix the prices for the different TLDs that the Registrar provides. Most corporations also provide invoicing software and design themes for your web storefront, and the automation of the whole process together with the huge demand for domains render the domain name reseller market so desirable. You will either have a turn-key web site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own online portal and form for placing orders. Commonly, you have the opportunity to choose between the 2 options, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will sell under your own brand name and not under the Registrar's brand.
Earn Revenue From Providing Website Hosting Packages Too
An excellent addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to customers who would like to launch their web portal and need both a domain name and a web site hosting package. Some companies supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to charge your clients. You can then offer top-level domain names and shared website hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the world.