The World Wide Web is an ever-flourishing network that furnishes new options to gain cash on the Web. One of these opportunities is to be a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a flourishing business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is made of two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each specific top-level domain name may include, 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 firms that in fact offer the domain name to customers and administer all domain records.
Gain Revenue From Trading Domain Names
Numerous Registrars have reseller programs that permit people to earn money from offering domain names to end users. If you register with such a program, you can initiate your very own personal online business. Usually, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more persons in local districts or countries where the Registrar may not be known whatsoever. This means 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 charges for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a web space hosting Control Panel where you can choose the prices for the individual TLDs that the Registrar provides. Most firms also provide invoice management software and web design skins for your virtual store, and the automation of the whole procedure combined with the vast demand for domains make the domain reseller business niche so attractive. You will either acquire a pre-developed website and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Typically, you have the option to decide between the two options, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will work under your own brand and not under the Registrar's.
Gain Revenue From Supplying Web Page Hosting Services Too
An appropriate addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to persons who wish to build their web page and need both a domain name and a site hosting account. A few firms offer such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to charge your clients. You can then sell domains and shared hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.