The World Wide Web is an ever-flourishing community that supplies new opportunities to gain cash on the Web. One of these ways is to become a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domains, so this is a flowering business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name contains two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an institution that administers the registrations and determines the preconditions that each concrete Top-Level Domain may entail, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and administer all DNS records.
Earn Revenue From Offering Domains
Many Registrars have reseller programs that allow people to make profit from selling domains to end customers. If you register with such a program, you can kick off your very own web business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more individuals in areas or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Domain Names Under Your Own Trademark Name
When you register with a domain name reseller program, you will receive a website hosting Control Panel where you can settle the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide billing transaction software and web design templates for your virtual shop, and the automation of the entire procedure combined with the big demand for domain names make the domain name reseller market so seductive. You will either get a pre-developed site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web page and order form. Normally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how accomplished you are in these matters. As a domain name reseller, you will sell under your own brand name and not under the Registrar's.
Earn Money From Selling Webspace Hosting Services Too
An adequate addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to clients who desire to set up their website and demand both a domain and a web hosting package. Some firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to charge your clients. You can then sell top-level domain names and shared website hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to users from all over the world.