The Internet is an ever-developing community that offers new possibilities to earn cash on the Web. One of these opportunities is to be a domain reseller and offer domains to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a blossoming business niche that you can become involved in.
TLDs and SLDs
A domain involves two constituents - a Top-Level Domain (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 Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that tackles the registrations and sets the requirements that each specific top-level domain name may entail, among them the length of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS records.
Gain Cash From Trading Domains
Many Registrars have reseller programs that permit people to gain profit from selling domain names to end users. If you subscribe to such a program, you can commence your own online business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more clients in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will earn a profit from 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.
Trade TLDs Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a webspace hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and web site themes for your virtual store, and the automation of the whole procedure coupled with the vast demand for domains make the domain name reseller business so tempting. You will either obtain a ready-made site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own online portal and form for placing orders. Normally, you have the option to choose between the two possibilities, so it all revolves around how experienced you are in these things. As a domain name reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's brand.
Gain Profit From Trading Site Hosting Solutions As Well
An adequate supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to clients who would like to run their website and require both a domain name and a site hosting plan. A few firms furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to bill your clients. You can then sell Top-Level Domains and shared web hosting plans to clients, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.