The Internet is an ever-enlarging network that delivers new ways to gain cash online. One of these options is to be a domain reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domain names, so this is a blooming trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-character abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that deals with the registrations and sets the requirements that each concrete TLD may impose, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain records.
Make Revenue From Offering Domains
Many Registrars have reseller programs that enable people to gain revenue from offering domains to end users. If you register with such a program, you can commence your very own personal web business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more people in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on 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.
Resell Domains Under Your Very Own Brand
When you subscribe to a domain name reseller program, you will receive a CP where you can choose the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoice software and site skins for your web shop, and the automation of the whole procedure coupled with the flourishing demand for domain names make the domain reseller industry so desirable. You will either receive a ready-to-use site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal website and form for placing orders. Generally, you have the option to decide between the 2 possibilities, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will do business on behalf of your very own brand name and not on behalf of the Registrar's.
Gain Cash From Selling Web Page Hosting Services As Well
An adequate supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to persons who desire to make their web portal and need both a domain name and a web space hosting plan. Certain corporations offer 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 cost-free invoicing software to bill your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all over the globe.