The World Wide Web is an ever-growing network that supplies new possibilities to earn money online. One of these options is to be a domain reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is an increasing trading niche that you can become engaged in.
TLDs and SLDs
A domain comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an institution that handles the registrations and determines the preconditions that each specific TLD may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and administer all DNS resource records.
Gain Revenue From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to gain money from offering domains to end customers. If you register with such a program, you can start your very own electronic business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more persons in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your profit 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 On Behalf Of Your Own Brand Name
When you subscribe to a domain name reseller program, you will have a web site hosting CP where you can set the prices for the various top-level domain names that the Registrar provides. Most corporations also provide billing software and design templates for your web shop, and the automation of the entire process combined with the towering demand for domain names make the domain name reseller market niche so tempting. You will either obtain a pre-built site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal portal and order form. Normally, you have the option to choose between the 2 possibilities, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will work under your very own personal brand name and not on behalf of the Registrar's.
Gain Revenue From Trading Website Hosting Services As Well
A relevant addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who would like to establish their web site and need both a domain and a site hosting plan. Certain firms provide such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your clients. You can then offer TLDs and shared website hosting plans to customers, and since they offer many diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the world.