The Internet is an ever-growing community that supplies new possibilities to earn cash on the Web. One of these opportunities is to become a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a developing business niche that you can be engaged in.
TLDs and SLDs
A domain is composed of 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most common 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 Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the preconditions that each concrete Top-Level Domain may have, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all DNS resource records.
Gain Cash From Selling Domain Names
Many Registrars have reseller programs that permit people to earn revenue from selling domain names to end clients. If you register with such a program, you can set up your own web business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more users in local districts or countries where the Registrar may not be known whatsoever. This means 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 charges for the domain registration.
Sell Top-Level Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a site hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar provides. Most firms also provide billing transaction software and web layouts for your virtual store, and the automation of the entire procedure coupled with the swelling demand for domain names render the domain reseller market so attractive. You will either receive a ready-to-use web site and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal online portal and order form. Typically, you have the option to choose between the 2 alternatives, so it all depends on how proficient you are in these issues. As a domain name reseller, you will operate on behalf of your own personal brand name and not under the Registrar's brand.
Gain Cash From Promoting Site Hosting Packages As Well
A suitable supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can give a package deal to users who desire to set up their web portal and require both a domain name and a web hosting package. Particular firms offer such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice software to bill your clients. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to people from all over the world.