The World Wide Web is an ever-increasing community that furnishes new options to make cash online. One of these possibilities is to be a domain reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is a flourishing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the requirements that each specific top-level domain name may have, including the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and handle all domain resource records.
Make Cash From Offering Domains
Multiple Registrars have reseller programs that enable people to make money from offering domain names to end users. If you sign up for such a program, you can set up your very own personal electronic business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more users in regional communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domains Under Your Own Trademark Name
When you sign up for a domain reseller program, you will get a site hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and website templates for your web shop, and the automation of the entire procedure coupled with the enormous demand for domain names make the domain name reseller industry so seductive. You will either receive a ready-made website and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal online portal and order form. Usually, you have the option to pick between the two alternatives, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will work on behalf of your own brand and not on behalf of the Registrar's.
Earn Money From Reselling Web Page Hosting Services Too
A reasonable addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to clients who want to launch their web page and need both a domain name and a site hosting plan. Given corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing transaction software to charge your customers. You can then offer domain names and shared website hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.