The World Wide Web is an ever-flourishing platform that generates new possibilities to earn cash on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is a growing business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name contains two constituents - 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 name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-letter abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each concrete Top-Level Domain may include, including the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and handle all DNS records.
Gain Revenue From Reselling Domains
A lot of Registrars have reseller programs that permit people to earn cash from selling domain names to end clients. If you subscribe to such a program, you can set up your own personal e-business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more individuals in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade Domain Names On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will get a site hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar offers. Most companies also provide billing software and web design layouts for your web store, and the automation of the entire process combined with the enlarging demand for domains render the domain reseller business so tempting. You will either have a ready-for-use site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web page and form for placing orders. Usually, you have the opportunity to select between the two alternatives, so it all depends on how expert you are in these issues. As a domain reseller, you will operate on behalf of your own brand and not under the Registrar's.
Gain Profit From Reselling Web Site Hosting Services Too
A sensible addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to customers who wish to build their web site and demand both a domain name and a web site hosting account. A number of companies supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to charge your clients. You can then offer domain names and shared web hosting packages to customers, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.