The World Wide Web is an ever-expanding community that offers new possibilities to gain cash online. One of these opportunities is to become a domain reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a developing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain comprises two pieces - 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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-character abbreviations that represent each country. Instances 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 Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the requirements that each particular Top-Level Domain may have, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name records.
Gain Money From Selling Domains
Many Registrars have reseller programs that allow individuals to gain profit from selling domain names to end customers. If you register with such a program, you can start your very own personal electronic business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more persons in local districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains Under Your Personal Brand
When you register with a domain name reseller program, you will obtain a webspace hosting Control Panel where you can set the prices for the separate top-level domain names that the Registrar offers. Most companies also provide billing management software and site templates for your web store, and the automation of the entire procedure coupled with the flourishing demand for domain names make the domain name reseller business niche so alluring. You will either acquire a pre-built site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Commonly, you have the opportunity to decide between the two possibilities, so it all revolves around how practiced you are in these things. As a domain name reseller, you will sell under your very own trademark name and not on behalf of the Registrar's.
Gain Money From Promoting Web Space Hosting Solutions As Well
A good supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to customers who wish to create their web page and demand both a domain name and a hosting package. Certain companies furnish such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your clients. You can then sell domain names and shared 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 customers from all over the world.