The Internet is an ever-flourishing community that supplies new options to gain cash on the Web. One of these ways is to be a domain name reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of presently active domain names, so this is a blossoming trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name includes two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-character abbreviations that stand for each country. Examples 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 institution that tackles the registrations and sets the prerequisites that each concrete Top-Level Domain may contain, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS records.
Earn Revenue From Offering Domain Names
Multiple Registrars have reseller programs that enable people to earn revenue from offering domains to end users. If you register with such a program, you can kickstart your own personal electronic business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more customers in areas or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Very 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 individual Top-Level Domains that the Registrar provides. Most firms also provide invoice software and templates for your virtual store, and the automation of the whole procedure together with the vast demand for domains render the domain name reseller business niche so attractive. You will either receive a turn-key site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web page and form for placing orders. Typically, you have the option to choose between the two alternatives, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will work on behalf of your own trademark name and not under the Registrar's brand.
Earn Cash From Selling Webspace Hosting Packages As Well
A good addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to persons who desire to run their site and demand both a domain and a web site hosting plan. Certain corporations offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice software to bill your clients. You can then offer domain names and shared hosting plans to clients, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.