The World Wide Web is an ever-enlarging community that furnishes new opportunities to gain money online. One of them is to become a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a blossoming business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (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 Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that deals with the registrations and determines the requirements that each particular TLD may involve, such as the length of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS resource records.
Make Money From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to make profit from offering domain names to end customers. If you subscribe to such a program, you can set up your very own Internet business. Usually, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more persons in provinces or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Domain Names Under Your Own Brand
When you register with a domain reseller program, you will receive a web space hosting CP where you can select the prices for the different Top-Level Domains that the Registrar provides. Most firms also offer billing management software and templates for your virtual store, and the automation of the whole procedure combined with the big demand for domains make the domain reseller market so seductive. You will either acquire a turn-key website and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own website and form for placing orders. Commonly, you have the opportunity to decide between the 2 possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will work on behalf of your own brand and not on behalf of the Registrar's.
Gain Money From Offering Web Page Hosting Services Too
A logical addition to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to individuals who would like to manage their online portal and demand both a domain and a web site hosting plan. Particular companies provide such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to bill your clients. You can then sell domain names and shared web hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all over the world.