The Internet is an ever-flourishing platform that provides new options to gain cash on the Web. One of these ways is to be a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a growing business niche that you can be engaged in.
TLDs and SLDs
A domain is made of 2 constituents - 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 SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete top-level domain name may contain, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and manage all DNS resource records.
Earn Revenue From Offering Domain Names
Lots of Registrars have reseller programs that enable individuals to earn revenue from selling domain names to end customers. If you sign up for such a program, you can establish your own e-business. Regularly, 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 customers in areas or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will obtain a webspace hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most firms also provide invoicing transaction software and website skins for your virtual shop, and the automation of the whole process together with the big demand for domains make the domain reseller business niche so attractive. You will either have a pre-built web site and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Generally, you have the opportunity to decide between the 2 options, so it all revolves around how skilled you are in these issues. As a domain reseller, you will sell under your own trademark name and not under the Registrar's brand.
Earn Cash From Supplying Website Hosting Solutions Too
A sensible supplement to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to people who desire to launch their web site and need both a domain name and a hosting account. Certain firms have such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to charge your customers. 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 name and hosting services to individuals from all around the globe.