The Internet is an ever-developing system that offers new opportunities to make cash online. One of these opportunities is to be a domain reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a blooming business niche that you can be a part of.
TLDs and SLDs
A domain includes two constituents - a top-level domain name (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 name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each given TLD may include, like the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain resource records.
Gain Profit From Offering Domains
Numerous Registrars have reseller programs that enable individuals to make revenue from selling domain names to end customers. If you sign up for such a program, you can set up your very own web business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more clients in regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade TLDs On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will obtain a web space hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and web page skins for your virtual store, and the automation of the entire process together with the proliferating demand for domain names make the domain reseller business niche so tempting. You will either obtain a pre-made site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web page and order form. Commonly, you have the opportunity to select between the 2 possibilities, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will work on behalf of your very own personal brand and not on behalf of the Registrar's.
Gain Profit From Selling Web Site Hosting Plans As Well
A perfect addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to people who wish to set up their website and demand both a domain and a web space hosting package. A number of corporations provide 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 cost-free invoice transaction software to charge your clients. You can then offer top-level domain names and shared website hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.