The World Wide Web is an ever-developing system that provides new opportunities to gain cash on the Internet. One of these options is to be a domain name reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domains, so this is an expanding business niche that you can become a part of.
TLDs and SLDs
A domain is made of two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain two-letter abbreviations that stand for 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 Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the requirements that each particular TLD may involve, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS records.
Gain Revenue From Trading Domain Names
Numerous Registrars have reseller programs that allow individuals to earn money from selling domain names to end clients. If you sign up for such a program, you can set up your own web business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more users in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will obtain a hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most companies also provide billing management software and skins for your virtual store, and the automation of the entire process coupled with the large demand for domain names make the domain name reseller market so alluring. You will either receive a pre-made website and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Generally, you have the opportunity to pick between the 2 options, so it all depends on how skilled you are in these issues. As a domain name reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's.
Make Revenue From Supplying Site Hosting Packages As Well
A perfect supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who want to manage their web page and require both a domain and a site hosting account. Given firms furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to bill your clients. You can then sell domains and shared website hosting packages to customers, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the globe.