The Internet is an ever-developing community that offers new opportunities to gain money on the Web. One of these options is to become a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently active domains, so this is an expanding business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain consists of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each concrete TLD may involve, like the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually offer the domain name to clients and manage all DNS resource records.
Make Revenue From Trading Domains
Multiple Registrars have reseller programs that permit individuals to earn cash from selling domains to end users. If you sign up for such a program, you can kick off your very own Internet business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can contact more individuals in local communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell TLDs On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will acquire a site hosting CP where you can fix the prices for the different Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and web design skins for your virtual shop, and the automation of the whole process combined with the enlarging demand for domains make the domain name reseller market niche so tempting. You will either get a ready-made site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal online portal and order form. Traditionally, you have the option to select between the two options, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will sell on behalf of your own brand and not on behalf of the Registrar's.
Make Revenue From Supplying Web Space Hosting Plans Too
A good addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to users who wish to set up their site and demand both a domain name and a webspace hosting account. Some corporations supply such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing transaction software to bill your customers. You can then sell domain names and shared website hosting packages to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.