The Internet is an ever-expanding network that delivers new opportunities to earn money on the Internet. One of these options is to be a domain reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of currently active domain names, so this is a thriving business niche that you can become a part of.
TLDs and SLDs
A domain name is made of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain two-letter abbreviations that denote 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 gTLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each particular Top-Level Domain may have, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain records.
Earn Money From Reselling Domains
Multiple Registrars have reseller programs that enable individuals to make cash from selling domains to end users. If you sign up for such a program, you can kick off your very own personal electronic business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more clients in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer invoice transaction software and web page layouts for your virtual storefront, and the automation of the whole process combined with the enormous demand for domain names render the domain name reseller market so seductive. You will either have a pre-built site and utilize the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web page and form for placing orders. Usually, you have the opportunity to select between the 2 options, so it all depends on how advanced you are in these affairs. As a domain reseller, you will operate under your own personal trademark name and not under the Registrar's brand.
Make Money From Reselling Hosting Accounts Too
An adequate supplement to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to clients who wish to launch their web site and demand both a domain and a web page hosting account. Some corporations provide such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to bill your clients. You can then offer domains and shared hosting plans to customers, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.