The World Wide Web is an ever-increasing system that provides new possibilities to gain cash online. One of these options is to become a domain reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is an expanding business niche that you can be a part of.
TLDs and SLDs
A domain name consists of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each specific TLD may have, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain resource records.
Gain Money From Selling Domains
Many Registrars have reseller programs that permit individuals to make cash from selling domain names to end clients. If you register with such a program, you can launch your own electronic business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more customers in local regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will get a webspace hosting CP where you can settle the prices for the individual TLDs that the Registrar offers. Most corporations also offer invoice software and web page layouts for your virtual store, and the automation of the whole process coupled with the vast demand for domains make the domain reseller business niche so tempting. You will either obtain a ready-made website and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Generally, you have the opportunity to pick between the two options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will work under your personal trademark name and not under the Registrar's brand.
Make Money From Trading Hosting Plans As Well
A relevant addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to customers who desire to launch their web portal and require both a domain name and a hosting package. Particular firms offer such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice management software to charge your clients. You can then offer domains and shared website hosting plans to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.