The World Wide Web is an ever-enlarging community that offers new options to earn cash on the Web. One of them is to become a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a blossoming business niche that you can become a part of.
TLDs and SLDs
A domain consists of two pieces - 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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the requirements that each specific Top-Level Domain may contain, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name resource records.
Make Revenue From Offering Domain Names
Many Registrars have reseller programs that allow people to make money from selling domains to end users. If you subscribe to such a program, you can initiate your very own personal electronic business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more persons in local districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from 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 Domains On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will receive a website hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide billing management software and templates for your online shop, and the automation of the whole process combined with the growing demand for domain names make the domain name reseller industry so seductive. You will either acquire a turn-key site and utilize the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and order form. Typically, you have the option to choose between the 2 alternatives, so it all revolves around how accomplished you are in these matters. As a domain name reseller, you will sell under your very own personal trademark name and not on behalf of the Registrar's brand.
Make Revenue From Providing Web Hosting Services As Well
A nice supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to clients who desire to create their web site and require both a domain and a web space hosting package. Particular corporations supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to charge your clients. You can then sell domains and shared web hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.