The World Wide Web is an ever-flourishing network that delivers new possibilities to gain cash on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently active domain names, so this is an expanding business niche that you can be involved in.
TLDs and SLDs
A domain is composed of two constituents - a top-level domain name (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 name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that handles the registrations and determines the requirements that each specific top-level domain name may contain, including the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and manage all DNS resource records.
Earn Revenue From Reselling Domains
A lot of Registrars have reseller programs that permit people to gain cash from selling domain names to end users. If you subscribe to such a program, you can commence your very own personal online business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more persons in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell TLDs Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will get a website hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most companies also offer billing software and web themes for your web shop, and the automation of the whole process combined with the great demand for domain names render the domain reseller industry so alluring. You will either have a pre-built web site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal online portal and order form. Typically, you have the option to pick between the 2 options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will operate on behalf of your own personal trademark name and not on behalf of the Registrar's.
Earn Revenue From Supplying Hosting Plans Too
A sensible addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to customers who want to develop their web page and demand both a domain name and a website hosting package. Particular corporations have such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice management software to bill your customers. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.