The World Wide Web is an ever-expanding network that generates new possibilities to earn money on the Internet. One of these opportunities is to become a domain name reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a growing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the requirements that each concrete TLD may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain resource records.
Earn Revenue From Offering Domains
A lot of Registrars have reseller programs that enable people to earn revenue from offering domain names to end users. If you register with such a program, you can kickstart your own personal web business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more customers in local districts or countries where the Registrar may not be known whatsoever. This implies 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 imposes for the domain registration.
Offer Domain Names On Behalf Of Your Personal Brand Name
When you register with a domain reseller program, you will have a web space hosting Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar provides. Most firms also offer billing management software and web design skins for your virtual shop, and the automation of the whole process together with the large demand for domain names make the domain reseller business so tempting. You will either obtain a ready-made website and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own portal and form for placing orders. Traditionally, you have the opportunity to decide between the 2 possibilities, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will operate under your very own brand name and not under the Registrar's.
Earn Cash From Supplying Web Page Hosting Services Too
A good addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to users who would like to manage their web page and need both a domain and a web page hosting account. Particular companies provide such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to bill your customers. You can then sell domain names and shared web hosting accounts to customers, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.