The Internet is an ever-developing network that offers new options to gain cash on the Web. One of these ways is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is an increasing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is made of two pieces - 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 name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each concrete Top-Level Domain may entail, like the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain name records.
Gain Profit From Selling Domain Names
Many Registrars have reseller programs that enable people to gain revenue from offering domain names to end customers. If you register with such a program, you can kickstart your very own Internet business. As a rule, 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 client. The cause is that resellers can reach more clients in regional communities or states where the Registrar may not be famous 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 customer pays and the one that the Registrar requires for the domain name registration.
Trade Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will have a webspace hosting Control Panel where you can select the prices for the different Top-Level Domains that the Registrar offers. Most firms also provide invoice transaction software and web design themes for your web shop, and the automation of the whole procedure together with the expanding demand for domains render the domain reseller business niche so attractive. You will either have a ready-to-use web site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web site and form for placing orders. Traditionally, you have the option to pick between the two possibilities, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will sell on behalf of your personal brand name and not on behalf of the Registrar's brand.
Gain Revenue From Providing Website Hosting Solutions Too
A proper supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to customers who desire to build their online portal and demand both a domain and a website hosting account. Some corporations furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing transaction software to charge your clients. You can then sell top-level domain names and shared hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to persons from all around the world.