The World Wide Web is an ever-enlarging platform that offers new ways to earn cash online. One of these options is to be a domain reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domains, so this is an enlarging trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the requirements that each given Top-Level Domain may involve, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS resource records.
Gain Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that allow people to gain cash from selling domains to end users. If you register with such a program, you can start your own online business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more people in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will acquire a hosting CP where you can settle the prices for the separate TLDs that the Registrar offers. Most companies also provide invoice management software and web templates for your online store, and the automation of the whole procedure combined with the swelling demand for domains render the domain reseller industry so tempting. You will either get a pre-built web site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web page and form for placing orders. Normally, you have the option to decide between the two alternatives, so it all revolves around how practiced you are in these things. As a domain reseller, you will operate under your very own personal brand name and not on behalf of the Registrar's.
Earn Profit From Selling Web Site Hosting Solutions Too
A suitable addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to clients who desire to launch their website and require both a domain and a webspace hosting account. Given companies supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing software to bill your customers. You can then offer domain names and shared web hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.