The World Wide Web is an ever-increasing community that furnishes new possibilities to earn money on the Internet. One of these ways is to become a domain name reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a developing business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is made of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains 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, has a Registry - an organization that tackles the registrations and sets the prerequisites that each particular TLD may impose, 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 in fact offer the domain name to clients and manage all domain name records.
Make Revenue From Offering Domain Names
Numerous Registrars have reseller programs that enable people to make revenue from selling domains to end users. If you register with such a program, you can initiate your very own personal online business. Generally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can contact more individuals in provinces 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 profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell TLDs On Behalf Of Your Own Trademark Name
When you register with a domain reseller program, you will receive a web space hosting CP where you can determine the prices for the different TLDs that the Registrar provides. Most corporations also offer invoice transaction software and web templates for your online store, and the automation of the entire process coupled with the great demand for domains render the domain reseller business niche so seductive. You will either receive a ready-made website and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own web site and order form. Commonly, you have the option to decide between the two alternatives, so it all depends on how expert you are in these matters. As a domain reseller, you will do business under your personal brand name and not on behalf of the Registrar's.
Earn Money From Trading Website Hosting Accounts Too
A perfect supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to clients who would like to establish their web portal and require both a domain name and a webspace hosting package. Certain firms provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then sell TLDs and shared web hosting accounts to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.