The Internet is an ever-growing network that generates new opportunities to earn money on the Web. One of these options is to be a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is an increasing business niche that you can be involved in.
TLDs and SLDs
A domain is composed of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each given Top-Level Domain may have, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain resource records.
Make Money From Offering Domain Names
Multiple Registrars have reseller programs that allow people to gain revenue from selling domain names to end users. If you subscribe to such a program, you can establish your very own Internet business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more customers in local communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will benefit from 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.
Offer Domains Under Your Personal Brand Name
When you sign up for a domain reseller program, you will receive a website hosting CP where you can select the prices for the various TLDs that the Registrar offers. Most corporations also provide billing software and web design layouts for your web store, and the automation of the whole process combined with the great demand for domains render the domain name reseller market niche so attractive. You will either acquire a pre-made website and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web portal and order form. Traditionally, you have the option to decide between the two options, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's brand.
Make Money From Reselling Website Hosting Plans Too
A proper addition to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to clients who would like to launch their site and need both a domain and a web page hosting plan. A few corporations provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your customers. You can then sell domain names and shared web hosting accounts to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to users from all over the world.