The World Wide Web is an ever-developing platform that supplies new options to gain cash on the Web. One of these options is to become a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a flowering trading niche that you can become involved in.
TLDs and SLDs
A domain is composed of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that deals with the registrations and sets the preconditions that each concrete TLD may have, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name records.
Earn Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that permit individuals to make profit from offering domains to end clients. If you sign up for such a program, you can launch your very own personal e-business. Generally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more persons in areas or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will receive a web site hosting CP where you can select the prices for the separate TLDs that the Registrar offers. Most companies also offer invoice transaction software and web site templates for your virtual shop, and the automation of the whole process combined with the expanding demand for domains render the domain name reseller industry so seductive. You will either receive a pre-developed web 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 make your own web site and form for placing orders. Normally, you have the opportunity to pick between the two options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will do business under your very own brand name and not on behalf of the Registrar's brand.
Earn Cash From Reselling Web Page Hosting Solutions Too
An appropriate supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to customers who would like to develop their web page and require both a domain and a hosting account. A number of firms provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice management software to charge your clients. You can then sell TLDs and shared hosting plans to customers, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to users from all around the globe.