The World Wide Web is an ever-growing network that furnishes new possibilities to earn money on the Web. One of these ways is to be a domain reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domain names, so this is a flowering trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each concrete TLD may have, like the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS records.
Gain Revenue From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to gain cash from selling domains to end customers. If you register with such a program, you can establish your very own Internet business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more clients in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties 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.
Sell Domains On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will have a webspace hosting Control Panel where you can fix the prices for the various TLDs that the Registrar offers. Most companies also offer invoicing transaction software and design layouts for your virtual shop, and the automation of the whole process combined with the rising demand for domain names make the domain reseller business niche so desirable. You will either obtain a pre-built web site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web portal and order form. Usually, you have the option to select between the two possibilities, so it all depends on how experienced you are in these things. As a domain name reseller, you will do business under your very own personal trademark name and not under the Registrar's.
Gain Revenue From Selling Webspace Hosting Packages Too
An appropriate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to clients who wish to run their website and require both a domain name and a webspace hosting plan. Certain companies have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing transaction software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the globe.