The World Wide Web is an ever-expanding community that supplies new ways to make money online. One of these opportunities is to become a domain reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently functioning domains, so this is a blossoming business niche that you can become involved in.
TLDs and SLDs
A domain name consists of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each specific TLD may involve, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain records.
Earn Cash From Trading Domains
Numerous Registrars have reseller programs that permit people to make revenue from selling domain names to end customers. If you sign up for such a program, you can commence your own Internet business. As a rule, 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 client. The cause is that resellers can reach more people in regional districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will have a web space hosting CP where you can determine the prices for the different top-level domain names that the Registrar offers. Most corporations also offer invoicing software and web site templates for your virtual storefront, and the automation of the whole process together with the increasing demand for domain names make the domain reseller business so alluring. You will either receive a pre-made website and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own web site and order form. Generally, you have the option to choose between the two alternatives, so it all revolves around how skillful you are in these affairs. As a domain reseller, you will work under your own personal brand name and not under the Registrar's brand.
Gain Money From Supplying Web Space Hosting Plans Too
A suitable addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who would like to build their online portal and require both a domain name and a web page hosting package. Some corporations supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free billing management software to charge your customers. You can then offer TLDs and shared website hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.