The World Wide Web is an ever-developing network that offers new options to make cash on the Internet. One of these possibilities is to be a domain name reseller and offer 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 domain names are registered each day, and there are 1 000 000's of presently functioning domains, so this is a blossoming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 constituents - 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 SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the prerequisites that each particular Top-Level Domain may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name resource records.
Gain Revenue From Offering Domains
Many Registrars have reseller programs that allow individuals to earn profit from offering domain names to end customers. If you subscribe to such a program, you can establish your own web business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more customers in local regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will get a site hosting CP where you can set the prices for the specific TLDs that the Registrar offers. Most firms also offer invoice software and web design templates for your virtual store, and the automation of the whole procedure together with the expanding demand for domains render the domain reseller industry so tempting. You will either receive a ready-to-use website and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own website and order form. Traditionally, you have the option to select between the 2 options, so it all depends on how experienced you are in these issues. As a domain name reseller, you will work under your very own brand and not on behalf of the Registrar's.
Make Money From Supplying Site Hosting Packages Too
A good supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to persons who desire to establish their web page and need both a domain and a hosting account. Particular firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to charge your clients. You can then offer TLDs and shared website hosting plans to customers, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to users from all over the globe.