The Internet is an ever-developing network that furnishes new possibilities to earn money on the Internet. One of them is to be a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an enlarging business niche that you can become engaged in.
TLDs and SLDs
A domain name includes two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that deals with the registrations and sets the prerequisites that each given Top-Level Domain may have, such as the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain records.
Earn Profit From Selling Domains
Many Registrars have reseller programs that allow people to make profit from selling domain names to end users. If you register with such a program, you can commence your very own personal e-business. Generally, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regional communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains Under Your Own Brand
When you sign up for a domain reseller program, you will obtain a website hosting CP where you can settle the prices for the specific top-level domain names that the Registrar provides. Most companies also provide invoice software and web page skins for your virtual store, and the automation of the entire procedure coupled with the growing demand for domains make the domain name reseller market niche so alluring. You will either obtain a pre-developed website and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own website and form for placing orders. Commonly, you have the opportunity to choose between the two possibilities, so it all revolves around how expert you are in these things. As a domain reseller, you will do business on behalf of your personal brand and not under the Registrar's brand.
Make Cash From Supplying Webspace Hosting Accounts As Well
A relevant supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to users who want to establish their web portal and need both a domain and a web space hosting account. Certain firms provide such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell TLDs and shared web hosting plans to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.