The World Wide Web is an ever-growing network that supplies new opportunities to earn cash online. One of these opportunities is to become a domain reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a developing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain consists of two entities - 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 and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the requirements that each particular top-level domain name may involve, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and manage all domain name records.
Make Revenue From Selling Domain Names
Multiple Registrars have reseller programs that allow people to gain cash from offering domain names to end users. If you register with such a program, you can start your very own Internet business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more people in local regions or countries where the Registrar may not be famous whatsoever. This means 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 requires for the domain registration.
Trade Domain Names Under Your Own Brand
When you sign up for a domain reseller program, you will get a web space hosting CP where you can fix the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer billing software and website skins for your web shop, and the automation of the entire procedure combined with the towering demand for domain names render the domain reseller industry so desirable. You will either receive a pre-built site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how trained you are in these affairs. As a domain reseller, you will sell under your own trademark name and not on behalf of the Registrar's.
Make Cash From Supplying Web Hosting Solutions Too
An excellent supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to persons who would like to establish their web portal and demand both a domain name and a web space hosting account. Particular corporations supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to charge your customers. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.