The World Wide Web is an ever-developing system that generates new ways to make cash on the Web. One of these options is to be a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a developing business niche that you can become a part of.
TLDs and SLDs
A domain name involves 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain 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 include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-letter abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that manages the registrations and determines the requirements that each specific TLD may impose, including the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS records.
Gain Cash From Offering Domain Names
Plenty of Registrars have reseller programs that allow people to make revenue from selling domains to end users. If you subscribe to such a program, you can commence your own personal online business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more individuals in regions or states where the Registrar may not be popular 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 client pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most corporations also provide billing transaction software and design templates for your virtual store, and the automation of the entire procedure together with the high demand for domain names make the domain name reseller market so tempting. You will either obtain a ready-for-use web 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 create your very own personal website and order form. Commonly, you have the option to choose between the 2 options, so it all revolves around how practiced you are in these matters. As a domain reseller, you will operate on behalf of your very own personal brand and not under the Registrar's.
Make Cash From Promoting Web Hosting Accounts As Well
A reasonable addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to persons who would like to run their web site and demand both a domain and a webspace hosting account. Certain firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to bill your customers. You can then offer domains and shared hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.