The World Wide Web is an ever-growing system that offers new options to earn cash on the Web. One of these options is to be a domain reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is a growing business niche that you can become engaged in.
TLDs and SLDs
A domain name consists of 2 components - 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 and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that administers the registrations and sets the requirements that each particular Top-Level Domain may contain, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS records.
Make Profit From Offering Domain Names
A lot of Registrars have reseller programs that enable individuals to gain revenue from selling domains to end clients. If you sign up for such a program, you can start your own personal Internet business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more clients in areas or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will have a web space hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most firms also offer invoicing software and site themes for your online storefront, and the automation of the whole procedure together with the high demand for domain names make the domain name reseller market so attractive. You will either acquire a pre-made site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own portal and form for placing orders. Usually, you have the opportunity to decide between the 2 options, so it all depends on how experienced you are in these issues. As a domain reseller, you will work under your own brand and not on behalf of the Registrar's.
Gain Profit From Supplying Web Space Hosting Plans As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to persons who desire to make their web site and require both a domain name and a web hosting account. Given firms supply such options. With 'ResellersPanel', for instance, you can run a VPS 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 website hosting plans to clients, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.