The Internet is an ever-increasing system that supplies new possibilities to earn money on the Web. One of these options is to become a domain reseller and sell domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a growing business niche that you can become engaged in.
TLDs and SLDs
A domain consists of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name 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 generic Top-Level Domains include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that stand for each country. Instances 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 TLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each specific Top-Level Domain may involve, including the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and administer all domain name resource records.
Make Revenue From Offering Domains
Multiple Registrars have reseller programs that enable people to make cash from offering domains to end clients. If you subscribe to such a program, you can build your very own personal e-business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more individuals in regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domain Names Under Your Own Brand Name
When you sign up for a domain name reseller program, you will get a website hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide invoicing transaction software and layouts for your virtual store, and the automation of the whole process coupled with the large demand for domains render the domain reseller market so alluring. You will either get a pre-built website and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own web portal and form for placing orders. Typically, you have the option to pick between the two options, so it all revolves around how expert you are in these affairs. As a domain reseller, you will work under your own personal brand and not on behalf of the Registrar's.
Earn Revenue From Offering Web Space Hosting Accounts As Well
A reasonable addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to persons who want to set up their web site and demand both a domain and a web page hosting plan. Given companies offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then offer top-level domain names and shared hosting packages to clients, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to customers from all over the globe.