The Internet is an ever-growing system that furnishes new ways to earn cash on the Web. One of these opportunities is to become a domain reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is a flowering business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that denote each country. Examples 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 administers the registrations and sets the requirements that each given TLD may include, among them 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 sell the domain name to customers and handle all domain records.
Earn Revenue From Offering Domain Names
Lots of Registrars have reseller programs that allow people to gain cash from offering domains to end users. If you register with such a program, you can launch your very own personal Internet business. Usually, a domain name will be more inexpensive 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 customers in regional communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a site hosting CP where you can choose the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoice software and website templates for your web shop, and the automation of the whole process coupled with the huge demand for domain names make the domain name reseller industry so desirable. You will either acquire a ready-to-use web site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own online portal and form for placing orders. Traditionally, you have the option to pick between the two possibilities, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will sell on behalf of your own trademark name and not on behalf of the Registrar's brand.
Gain Profit From Trading Web Hosting Packages As Well
A logical supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to persons who desire to make their web page and need both a domain and a web site hosting account. Certain companies furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to charge your clients. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to people from all around the world.