The Internet is an ever-developing network that provides new options to earn cash on the Web. One of these options is to be a domain reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a blooming business niche that you can become a part of.
TLDs and SLDs
A domain name is made of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve 2-character abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the requirements that each concrete top-level domain name may impose, including the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and administer all DNS records.
Make Revenue From Trading Domain Names
A lot of Registrars have reseller programs that permit people to earn profit from offering domain names to end customers. If you subscribe to such a program, you can initiate your own personal electronic business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more users in provinces or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain reseller program, you will receive a web site hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and web page themes for your web shop, and the automation of the entire process together with the proliferating demand for domains render the domain reseller business niche so desirable. You will either obtain a pre-developed site 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 create your own portal and form for placing orders. Commonly, you have the option to choose between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will operate on behalf of your own personal trademark name and not under the Registrar's brand.
Make Profit From Reselling Site Hosting Solutions Too
A nice supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to persons who want to build their website and require both a domain and a web space hosting plan. Particular companies provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice software to bill your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.