The World Wide Web is an ever-enlarging community that supplies new options to make cash on the Web. One of these options is to become a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name comprises two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete Top-Level Domain may contain, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS resource records.
Gain Revenue From Trading Domain Names
Multiple Registrars have reseller programs that enable individuals to make money from selling domains to end customers. If you sign up for such a program, you can start your very own web business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more people in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Domains On Behalf Of Your Very Own Brand
When you register with a domain name reseller program, you will obtain a web page hosting Control Panel where you can fix the prices for the individual top-level domain names that the Registrar provides. Most corporations also provide billing transaction software and site layouts for your virtual shop, and the automation of the entire procedure together with the high demand for domain names make the domain reseller market niche so seductive. You will either have a turn-key website and utilize the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Traditionally, you have the option to choose between the two possibilities, so it all depends on how skillful you are in these issues. As a domain name reseller, you will work under your own personal brand and not under the Registrar's brand.
Earn Revenue From Reselling Site Hosting Plans Too
A relevant addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to individuals who want to launch their site and require both a domain name and a site hosting account. A number of firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to bill your clients. You can then offer top-level domain names and shared website hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.