The World Wide Web is an ever-enlarging system that furnishes new options to earn money online. One of these opportunities is to be a domain name reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a developing business niche that you can be engaged in.
TLDs and SLDs
A domain is made of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the preconditions that each given TLD may contain, like the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name resource records.
Gain Money From Offering Domain Names
Multiple Registrars have reseller programs that enable individuals to gain profit from offering domains to end users. If you register with such a program, you can start your own Internet business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties 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 registration.
Trade TLDs On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will obtain a web site hosting Control Panel where you can fix the prices for the individual TLDs that the Registrar offers. Most firms also provide invoice transaction software and website skins for your web store, and the automation of the entire procedure coupled with the swelling demand for domains make the domain reseller market niche so seductive. You will either receive a ready-made website and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own web page and order form. Typically, you have the opportunity to select between the two possibilities, so it all depends on how practiced you are in these matters. As a domain name reseller, you will sell under your own brand and not under the Registrar's brand.
Earn Money From Offering Webspace Hosting Solutions Too
A reasonable supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who desire to launch their site and demand both a domain and a web space hosting plan. Certain corporations supply such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to bill your clients. You can then offer domain names and shared web hosting accounts to clients, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to persons from all around the world.