The World Wide Web is an ever-enlarging community that offers new options to make cash on the Internet. One of these opportunities is to become a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domain names, so this is a flourishing business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name comprises two components - 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 second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that correspond to 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 or a country-code top-level domain name, has a Registry - an organization that handles the registrations and determines the prerequisites that each given Top-Level Domain may involve, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain resource records.
Earn Money From Reselling Domains
Plenty of Registrars have reseller programs that enable people to gain profit from selling domain names to end users. If you subscribe to such a program, you can start your very own electronic business. Typically, a domain name will be cheaper 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 contact more individuals in local regions or countries where the Registrar may not be known whatsoever. This implies 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 levies for the domain name registration.
Trade TLDs On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will acquire a web hosting CP where you can set the prices for the various TLDs that the Registrar provides. Most firms also provide billing transaction software and web design themes for your virtual store, and the automation of the whole process together with the immense demand for domains render the domain reseller business so desirable. You will either have a ready-made website and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create 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 proficient you are in these issues. As a domain name reseller, you will operate under your own personal brand name and not on behalf of the Registrar's brand.
Make Cash From Offering Web Space Hosting Solutions Too
A suitable addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to users who want to create their web portal and demand both a domain and a site hosting package. Particular corporations furnish such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to bill your customers. You can then sell top-level domain names and shared hosting accounts to customers, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the world.