The Internet is an ever-developing network that generates new options to gain cash on the Web. One of these possibilities is to become a domain 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. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is a growing business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of two 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 name 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 Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-character abbreviations that symbolize 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 or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the prerequisites that each concrete top-level domain name may contain, like the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain resource records.
Gain Profit From Offering Domain Names
Numerous Registrars have reseller programs that permit people to make revenue from selling domains to end users. If you register with such a program, you can initiate your very own online business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more persons in regional communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade TLDs Under Your Own Brand Name
When you sign up for a domain name reseller program, you will get a website hosting CP where you can choose the prices for the separate TLDs that the Registrar provides. Most corporations also provide billing management software and website templates for your web store, and the automation of the entire procedure combined with the high demand for domains render the domain name reseller business so attractive. You will either get a turn-key site and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal site and form for placing orders. Typically, you have the opportunity to choose between the 2 options, so it all depends on how proficient you are in these matters. As a domain name reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Make Cash From Selling Web Space Hosting Plans As Well
A perfect supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to individuals who wish to set up their web site and require both a domain name and a web site hosting account. Particular firms offer such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to bill your clients. You can then offer domain names and shared website hosting plans to customers, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to users from all around the world.