The World Wide Web is an ever-developing community that offers new options to gain cash on the Internet. One of these possibilities is to become a domain reseller and offer domains to end users, earning profit 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 millions of currently active domains, so this is a flowering marketing niche that you can become engaged in.
TLDs and SLDs
A domain comprises 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each concrete Top-Level Domain may have, like the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and handle all DNS records.
Earn Revenue From Selling Domain Names
Numerous Registrars have reseller programs that permit individuals to make profit from offering domain names to end users. If you sign up for such a program, you can start your very own web business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regional districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Domains Under Your Own Brand Name
When you sign up for a domain reseller program, you will get a hosting Control Panel where you can select the prices for the individual top-level domain names that the Registrar provides. Most companies also offer invoicing transaction software and web page themes for your virtual store, and the automation of the entire procedure together with the increasing demand for domain names render the domain name reseller market so alluring. You will either acquire a ready-for-use site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal website and form for placing orders. Generally, you have the opportunity to choose between the two options, so it all depends on how practiced you are in these issues. As a domain reseller, you will do business under your own personal brand and not on behalf of the Registrar's.
Gain Profit From Trading Web Page Hosting Services As Well
A proper supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to persons who want to run their site and require both a domain name and a web space hosting account. Particular companies offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoice software to bill your clients. You can then offer domain names and shared web hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the world.