The World Wide Web is an ever-growing system that offers new ways to make cash on the Internet. One of these ways is to be a domain name reseller and offer domains to end clients, generating 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 active domains, so this is a growing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 constituents - a Top-Level Domain (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 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, while the country-code Top-Level Domains comprise two-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each particular Top-Level Domain may contain, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS records.
Make Revenue From Trading Domains
A lot of Registrars have reseller programs that permit people to gain money from selling domain names to end customers. If you sign up for such a program, you can start your very own electronic business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more persons in regions or countries where the Registrar may not be known whatsoever. 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 charges for the domain registration.
Resell TLDs On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will have a web site hosting CP where you can set the prices for the separate TLDs that the Registrar offers. Most companies also offer invoice software and web page themes for your web storefront, and the automation of the entire procedure coupled with the large demand for domain names make the domain name reseller market so tempting. You will either get a pre-built web site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web portal and order form. Generally, you have the opportunity to select between the two options, so it all depends on how trained you are in these things. As a domain reseller, you will work on behalf of your personal brand and not under the Registrar's.
Gain Money From Trading Web Site Hosting Accounts As Well
A good supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to users who desire to run their web site and need both a domain name and a web page hosting package. Some corporations furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to bill your clients. You can then offer domains and shared hosting packages to clients, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the globe.