The World Wide Web is an ever-growing network that provides new ways to gain cash on the Internet. One of these opportunities is to be a domain reseller and sell domains to end clients, making 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 1 000 000's of presently active domain names, so this is a blossoming trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name includes two components - 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 name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the prerequisites that each given Top-Level Domain may contain, like the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all DNS records.
Earn Revenue From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to gain cash from offering domain names to end customers. If you sign up for such a program, you can establish your own online business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more people in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will earn 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.
Resell TLDs Under Your Very Own Brand
When you sign up for a domain reseller program, you will have a web hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide billing transaction software and web design themes for your online store, and the automation of the entire process combined with the expanding demand for domain names make the domain name reseller market niche so tempting. You will either get a ready-made site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal portal and order form. Commonly, you have the option to decide between the 2 alternatives, so it all depends on how proficient you are in these matters. As a domain reseller, you will operate under your very own trademark name and not on behalf of the Registrar's.
Earn Revenue From Providing Webspace Hosting Services Too
A sensible addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to clients who would like to build their web page and demand both a domain name and a hosting plan. Some corporations supply such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to charge your customers. You can then offer top-level domain names and shared hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.