The World Wide Web is an ever-growing platform that provides new possibilities to gain cash online. One of these ways is to be a domain reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is made of two components - a top-level domain name (TLD) and a Second-Level Domain (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 TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-character abbreviations that stand for 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 TLD or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each particular Top-Level Domain may involve, among them the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name records.
Make Revenue From Offering Domain Names
Numerous Registrars have reseller programs that permit people to earn money from offering domains to end customers. If you register with such a program, you can initiate your very own personal online business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more customers in 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 name registration.
Offer Domains Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will get a web space hosting Control Panel where you can set the prices for the various Top-Level Domains that the Registrar offers. Most corporations also offer invoice management software and site layouts for your virtual shop, and the automation of the entire procedure combined with the high demand for domains render the domain name reseller industry so desirable. You will either obtain a ready-made site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web page and order form. Commonly, you have the opportunity to decide between the two options, so it all revolves around how skillful you are in these things. As a domain name reseller, you will operate on behalf of your own trademark name and not on behalf of the Registrar's.
Earn Revenue From Trading Web Hosting Plans Too
An excellent addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to customers who would like to set up their website and require both a domain name and a site hosting account. Some corporations supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to bill your clients. You can then offer TLDs and shared web hosting accounts to clients, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the globe.