The Internet is an ever-flourishing system that offers new possibilities to make money on the Web. One of these options is to be a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domains, so this is an increasing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain includes two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that handles the registrations and sets the prerequisites that each concrete top-level domain name may involve, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain resource records.
Gain Revenue From Selling Domains
A lot of Registrars have reseller programs that allow people to gain profit from offering domain names to end customers. If you register with such a program, you can kickstart your very own web business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more individuals in provinces or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Sell TLDs Under Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a webspace hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also provide billing management software and website themes for your virtual shop, and the automation of the whole process coupled with the flourishing demand for domain names make the domain reseller business so tempting. You will either get a pre-developed web site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own website and order form. Normally, you have the opportunity to choose between the two alternatives, so it all revolves around how trained you are in these things. As a domain reseller, you will operate on behalf of your very own personal brand name and not under the Registrar's brand.
Gain Cash From Providing Website Hosting Packages Too
A nice supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to clients who wish to launch their website and need both a domain name and a web site hosting account. Particular corporations provide 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 reseller account and free billing management software to bill your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they provide many different domain extensions, you will be able to provide domain and hosting services to clients from all around the world.