The World Wide Web is an ever-expanding community that generates new possibilities to earn cash on the Internet. One of these possibilities is to be a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a developing business niche that you can be engaged in.
TLDs and SLDs
A domain contains two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each specific TLD may involve, including the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain records.
Earn Cash From Reselling Domains
Multiple Registrars have reseller programs that allow individuals to make revenue from offering domain names to end users. If you subscribe to such a program, you can start your very own e-business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more individuals in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains Under Your Own Brand
When you register with a domain name reseller program, you will receive a hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most firms also offer invoicing software and web site themes for your web shop, and the automation of the entire process combined with the proliferating demand for domains make the domain name reseller industry so tempting. You will either obtain a ready-made website and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web page and form for placing orders. Commonly, you have the opportunity to select between the two alternatives, so it all depends on how skilled you are in these affairs. As a domain reseller, you will do business under your very own brand name and not on behalf of the Registrar's brand.
Gain Cash From Promoting Web Page Hosting Plans As Well
A suitable addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to individuals who desire to set up their website and demand both a domain and a web hosting account. A few firms supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to charge your customers. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they offer many different domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.