The World Wide Web is an ever-enlarging network that furnishes new possibilities to make money on the Internet. One of these opportunities is to become a domain name reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name includes 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each concrete Top-Level Domain may involve, such as the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name resource records.
Make Profit From Reselling Domain Names
A lot of Registrars have reseller programs that allow individuals to earn money from offering domain names to end customers. If you register with such a program, you can initiate your very own web business. Usually, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more persons in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a Control Panel where you can settle the prices for the different TLDs that the Registrar offers. Most corporations also provide billing software and web site templates for your online store, and the automation of the entire procedure combined with the huge demand for domain names render the domain reseller market so seductive. You will either have a pre-made web site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web page and form for placing orders. Typically, you have the option to decide between the 2 alternatives, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will sell on behalf of your very own trademark name and not under the Registrar's brand.
Gain Revenue From Trading Website Hosting Plans Too
An appropriate supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to users who would like to have their web site and demand both a domain and a web space hosting account. Some firms offer such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to bill your clients. You can then offer Top-Level Domains and shared web hosting accounts to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to customers from all around the globe.