The World Wide Web is an ever-expanding platform that delivers new ways to make money on the Internet. One of these options is to become a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is an enlarging trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name consists of two components - 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 and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that handles the registrations and sets the requirements that each specific Top-Level Domain may have, like the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS records.
Earn Cash From Offering Domains
Many Registrars have reseller programs that enable people to gain money from selling domains to end users. If you sign up for such a program, you can start your very own electronic business. Normally, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more individuals in regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Domains Under Your Own Trademark Name
When you register with a domain reseller program, you will have a website hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also offer billing management software and web site themes for your virtual storefront, and the automation of the whole procedure coupled with the great demand for domains render the domain reseller market niche so alluring. You will either obtain a ready-to-use site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal site and order form. Generally, you have the opportunity to select between the two alternatives, so it all depends on how skilled you are in these things. As a domain name reseller, you will work on behalf of your own brand and not on behalf of the Registrar's.
Make Cash From Selling Web Page Hosting Services As Well
A proper addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to individuals who wish to build their web site and require both a domain and a hosting plan. Some corporations provide such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to charge your clients. You can then offer top-level domain names and shared website hosting packages to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.