The World Wide Web is an ever-increasing network that generates new opportunities to earn money on the Internet. One of these opportunities is to be a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a growing trading niche that you can become involved in.
TLDs and SLDs
A domain is composed of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that correspond to 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 generic Top-Level Domain or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the requirements that each given TLD may contain, including the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name records.
Earn Revenue From Reselling Domains
Plenty of Registrars have reseller programs that permit people to gain revenue from offering domain names to end users. If you register with such a program, you can start your very own personal online business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more users in local regions or countries where the Registrar may not be famous 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 client pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will have a hosting Control Panel where you can settle the prices for the different TLDs that the Registrar provides. Most firms also provide invoice software and web page themes for your online storefront, and the automation of the entire procedure combined with the towering demand for domains render the domain name reseller business niche so tempting. You will either obtain a turn-key website and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own web portal and form for placing orders. Generally, you have the opportunity to choose between the two alternatives, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will operate under your own brand name and not under the Registrar's.
Gain Revenue From Supplying Site Hosting Plans Too
A sensible addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to customers who would like to launch their web page and need both a domain name and a webspace hosting package. Particular firms supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing management software to charge your customers. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.