The Internet is an ever-growing network that furnishes new opportunities to earn money online. One of these ways is to become a domain reseller and offer domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently functioning domains, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each particular top-level domain name may contain, including the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS records.
Earn Money From Offering Domain Names
Plenty of Registrars have reseller programs that enable individuals to gain profit from selling domain names to end users. If you sign up for such a program, you can kickstart your own personal electronic business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more clients in regional communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Domains On Behalf Of Your Own Brand Name
When you subscribe to a domain reseller program, you will receive a site hosting CP where you can set the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and web design layouts for your web shop, and the automation of the entire process combined with the towering demand for domain names make the domain name reseller market so tempting. You will either receive a pre-made site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own site and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how practiced you are in these matters. As a domain name reseller, you will operate under your very own trademark name and not under the Registrar's.
Make Profit From Providing Hosting Plans Too
A proper addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to customers who want to create their web page and require both a domain and a web hosting plan. A number of corporations furnish 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 cost-free invoicing transaction software to charge your customers. You can then sell TLDs and shared website hosting packages to clients, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to individuals from all around the globe.