The World Wide Web is an ever-growing network that provides new options to gain cash on the Web. One of these ways is to become a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domains, so this is an increasing business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name contains 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and determines the requirements that each given TLD may entail, including the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all DNS records.
Earn Revenue From Offering Domain Names
Numerous Registrars have reseller programs that permit people to earn money from offering domain names to end customers. If you register with such a program, you can launch your very own e-business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more persons in local districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a web hosting CP where you can fix the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer invoice management software and web templates for your virtual store, and the automation of the entire procedure combined with the large demand for domain names make the domain reseller business niche so attractive. You will either obtain a pre-developed website and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Normally, you have the option to choose between the two options, so it all depends on how trained you are in these matters. As a domain reseller, you will sell on behalf of your own personal trademark name and not under the Registrar's.
Gain Cash From Trading Site Hosting Packages Too
A sensible addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to persons who would like to develop their web page and demand both a domain and a web space hosting package. Particular corporations furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing software to charge your customers. You can then sell TLDs and shared web hosting plans to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.