The World Wide Web is an ever-increasing platform that generates new ways to gain money on the Internet. One of these options is to be a domain name reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently active domain names, so this is a blossoming business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete top-level domain name may impose, including the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and handle all DNS records.
Earn Revenue From Reselling Domains
Plenty of Registrars have reseller programs that permit people to earn cash from offering domain names to end users. If you sign up for such a program, you can launch your own Internet business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in provinces or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domain Names On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer invoicing software and web site themes for your web shop, and the automation of the whole procedure combined with the swelling demand for domain names render the domain reseller market so tempting. You will either receive a ready-made website and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web site and order form. Commonly, you have the option to decide between the 2 alternatives, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will sell on behalf of your personal brand and not under the Registrar's brand.
Gain Cash From Trading Web Site Hosting Services As Well
A suitable supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who would like to develop their online portal and require both a domain and a web hosting plan. Certain corporations supply such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing software to bill your clients. You can then offer domains and shared hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain and hosting services to users from all over the world.