The World Wide Web is an ever-expanding network that offers new possibilities to make money on the Internet. One of these options is to be a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is a developing business niche that you can be involved in.
TLDs and SLDs
A domain is composed of two components - a top-level domain name (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.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each specific TLD may impose, like the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain records.
Earn Money From Selling Domain Names
Lots of Registrars have reseller programs that allow people to gain revenue from selling domains to end users. If you subscribe to such a program, you can commence your very own personal e-business. Normally, 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 user. The explanation is that resellers can contact more people in regional districts or countries where the Registrar may not be popular 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 user pays and the one that the Registrar levies for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will get a web site hosting CP where you can fix the prices for the individual top-level domain names that the Registrar offers. Most companies also provide billing management software and site templates for your virtual shop, and the automation of the entire procedure combined with the large demand for domain names make the domain name reseller business so attractive. You will either receive a ready-to-use site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own website and order form. Generally, you have the opportunity to select between the 2 alternatives, so it all depends on how trained you are in these issues. As a domain reseller, you will sell under your own trademark name and not on behalf of the Registrar's.
Earn Profit From Providing Web Hosting Packages As Well
A good addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to people who wish to manage their website and need both a domain name and a webspace hosting plan. Particular corporations have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing transaction software to charge your customers. You can then offer TLDs and shared website hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.