The World Wide Web is an ever-enlarging platform that delivers new options to gain cash on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is an expanding trading niche that you can be involved in.
TLDs and SLDs
A domain name includes 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that handles the registrations and determines the prerequisites that each specific TLD may involve, like the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all DNS records.
Earn Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to gain revenue from selling domains to end customers. If you register with such a program, you can begin your own e-business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more persons in local districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will 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 registration.
Resell Top-Level Domain Names On Behalf Of Your Very Own Brand
When you sign up for a domain reseller program, you will acquire a web page hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar offers. Most firms also offer billing transaction software and website skins for your online shop, and the automation of the entire procedure coupled with the flourishing demand for domain names make the domain reseller business niche so seductive. You will either receive a ready-made website and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Commonly, you have the opportunity to decide between the 2 options, so it all revolves around how proficient you are in these things. As a domain name reseller, you will work on behalf of your own trademark name and not under the Registrar's brand.
Earn Revenue From Providing Web Site Hosting Plans Too
A relevant addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who desire to create their web site and require both a domain and a web page hosting package. Given firms provide such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing management software to bill your customers. You can then offer domain names and shared hosting accounts to customers, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.