The World Wide Web is an ever-flourishing network that generates new possibilities to earn cash on the Internet. One of these possibilities is to become a domain reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a growing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 components - 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 and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the requirements that each particular TLD may include, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and handle all DNS records.
Gain Money From Offering Domains
Lots of Registrars have reseller programs that enable people to earn revenue from offering domains to end clients. If you subscribe to such a program, you can build your own e-business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can contact more persons in provinces or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Domains On Behalf Of Your Own Brand Name
When you sign up for a domain reseller program, you will acquire a web hosting CP where you can choose the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoice management software and site layouts for your web store, and the automation of the entire process together with the huge demand for domain names make the domain reseller business niche so alluring. You will either acquire a ready-to-use site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Generally, you have the option to choose between the 2 possibilities, so it all depends on how trained you are in these matters. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's brand.
Gain Money From Providing Webspace Hosting Plans Too
An appropriate addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to people who would like to manage their site and demand both a domain and a web hosting account. Certain companies offer such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to charge your customers. You can then offer TLDs and shared website hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to provide domain name and hosting services to users from all around the world.