The World Wide Web is an ever-developing network that supplies new opportunities to earn money on the Web. One of them is to be a domain name reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a thriving trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain comprises 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that handles the registrations and sets the preconditions that each given Top-Level Domain may entail, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain resource records.
Gain Profit From Offering Domains
Numerous Registrars have reseller programs that allow people to make cash from offering domains to end clients. If you register with such a program, you can commence your very own Internet business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can reach more persons in regional districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domain Names Under Your Own Trademark Name
When you register with a domain reseller program, you will have a website hosting CP where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most firms also provide invoice software and site templates for your online store, and the automation of the entire procedure coupled with the flourishing demand for domains make the domain name reseller business so tempting. You will either acquire a ready-made web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own site and form for placing orders. Usually, you have the opportunity to decide between the two alternatives, so it all depends on how expert you are in these issues. As a domain name reseller, you will do business under your own brand and not under the Registrar's brand.
Make Revenue From Supplying Site Hosting Services Too
A sensible supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to individuals who desire to make their web portal and demand both a domain name and a website hosting plan. Given companies offer such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice software to charge your clients. You can then offer Top-Level Domains and shared web hosting plans to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the globe.