The Internet is an ever-enlarging network that provides new options to gain money online. One of these opportunities is to become a domain reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a developing trading niche that you can be engaged in.
TLDs and SLDs
A domain consists of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD 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, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain records.
Earn Revenue From Offering Domain Names
A lot of Registrars have reseller programs that permit people to gain money from offering domain names to end clients. If you sign up for such a program, you can set up your own e-business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more individuals in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will have a webspace hosting CP where you can set the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide invoice transaction software and web layouts for your web store, and the automation of the whole procedure combined with the huge demand for domains render the domain reseller business so attractive. You will either have a pre-built website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web page and form for placing orders. Commonly, you have the option to select between the 2 alternatives, so it all revolves around how experienced you are in these issues. As a domain reseller, you will operate under your very own personal trademark name and not on behalf of the Registrar's brand.
Make Cash From Reselling Web Space Hosting Services Too
A perfect addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to customers who desire to create their website and need both a domain and a webspace hosting account. A number of corporations offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to bill your clients. You can then offer domain names and shared web hosting packages to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.