The World Wide Web is an ever-increasing network that provides new options to gain cash on the Web. One of them is to be a domain reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently active domains, so this is a blossoming business niche that you can be engaged in.
TLDs and SLDs
A domain comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD 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 include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain two-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the preconditions that each particular Top-Level Domain may have, like the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS resource records.
Make Money From Offering Domains
Plenty of Registrars have reseller programs that permit people to earn revenue from offering domain names to end customers. If you sign up for such a program, you can build your own personal e-business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can contact more people in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Very Own Brand
When you register with a domain name reseller program, you will have a website hosting Control Panel where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoice management software and web site themes for your virtual store, and the automation of the entire process coupled with the towering demand for domains render the domain reseller business so seductive. You will either acquire a ready-to-use website and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and form for placing orders. Usually, you have the opportunity to decide between the two options, so it all depends on how experienced you are in these matters. As a domain reseller, you will operate on behalf of your personal trademark name and not under the Registrar's.
Earn Cash From Trading Website Hosting Services Too
An excellent addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to clients who want to create their web portal and demand both a domain name and a site hosting plan. A few firms offer such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing software to bill your customers. You can then offer domain names and shared hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.