The World Wide Web is an ever-developing network that supplies new options to earn money on the Web. One of them is to be a domain name reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain includes two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include 2-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each given Top-Level Domain may contain, such as the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Gain Revenue From Offering Domains
Plenty of Registrars have reseller programs that allow individuals to gain revenue from offering domain names to end customers. If you sign up for such a program, you can begin your very own web business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more customers in regional communities or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Domains Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will get a Control Panel where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide billing transaction software and templates for your online store, and the automation of the whole process coupled with the high demand for domains make the domain reseller industry so alluring. You will either acquire a ready-to-use website and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web page and form for placing orders. Traditionally, you have the option to choose between the two alternatives, so it all revolves around how practiced you are in these matters. As a domain reseller, you will work under your own personal trademark name and not under the Registrar's brand.
Gain Revenue From Offering Site Hosting Solutions As Well
A suitable addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to people who wish to create their web site and require both a domain and a webspace hosting plan. Certain firms provide such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice software to charge your clients. You can then sell domain names and shared web hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the world.