The World Wide Web is an ever-enlarging platform that supplies new opportunities to gain money on the Web. One of these ways is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a growing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name includes two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that tackles the registrations and determines the prerequisites that each concrete Top-Level Domain may have, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain name records.
Gain Revenue From Selling Domains
Many Registrars have reseller programs that enable individuals to gain cash from selling domains to end users. If you register with such a program, you can establish your own personal online business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more individuals in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a web space hosting CP where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide invoice transaction software and design templates for your online shop, and the automation of the entire procedure coupled with the expanding demand for domain names make the domain reseller industry so tempting. You will either have a turn-key web site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal web site and form for placing orders. Generally, you have the opportunity to select between the two options, so it all revolves around how advanced you are in these things. As a domain name reseller, you will sell under your own personal trademark name and not under the Registrar's.
Earn Profit From Trading Web Hosting Solutions As Well
A perfect supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to people who would like to manage their web page and demand both a domain and a web page hosting package. Given corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice software to bill your clients. You can then offer domains and shared web hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.