The World Wide Web is an ever-expanding network that delivers new opportunities to make money online. One of these opportunities is to become a domain reseller and offer domain names to end clients, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently active domain names, so this is a flowering trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name contains two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-character abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that manages the registrations and determines the prerequisites that each specific top-level domain name may have, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain resource records.
Make Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that allow individuals to gain revenue from offering domain names to end clients. If you subscribe to such a program, you can initiate your own personal online business. As a rule, 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 client. The explanation is that resellers can reach more individuals in regional communities or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs Under Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a site hosting CP where you can select the prices for the specific top-level domain names that the Registrar provides. Most companies also provide billing software and web page themes for your virtual store, and the automation of the whole process coupled with the flourishing demand for domain names make the domain name reseller business niche so tempting. You will either have a pre-made website and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal portal and form for placing orders. Traditionally, you have the opportunity to decide between the two alternatives, so it all revolves around how trained you are in these things. As a domain name reseller, you will sell under your own personal brand and not on behalf of the Registrar's.
Earn Revenue From Offering Web Space Hosting Solutions Too
An excellent addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to persons who would like to manage their web page and require both a domain name and a site hosting account. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to bill your clients. You can then sell domain names and shared hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to customers from all over the globe.