The Internet is an ever-enlarging community that supplies new ways to gain cash on the Internet. One of these opportunities is to be a domain name reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a developing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain is composed of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that handles the registrations and sets the requirements that each concrete TLD may involve, among them the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all domain name resource records.
Make Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that enable individuals to make profit from offering domains to end users. If you register with such a program, you can start your very own personal e-business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more users in local regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will take advantage of 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.
Sell Top-Level Domains On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will receive a webspace hosting CP where you can set the prices for the separate TLDs that the Registrar offers. Most firms also provide invoice software and web page themes for your virtual store, and the automation of the whole procedure combined with the huge demand for domains render the domain reseller business niche so seductive. You will either have a pre-made site 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 own web site and order form. Normally, you have the opportunity to select between the 2 alternatives, so it all revolves around how skilled you are in these things. As a domain name reseller, you will operate on behalf of your personal trademark name and not under the Registrar's brand.
Make Cash From Supplying Hosting Packages Too
An adequate supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who desire to build their web page and demand both a domain name and a webspace hosting package. Given firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to bill your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to people from all over the globe.