The World Wide Web is an ever-growing system that generates new opportunities to gain money on the Internet. One of these options is to be a domain name reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is a flourishing business niche that you can be a part of.
TLDs and SLDs
A domain name is made of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-letter abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete top-level domain name may involve, among them the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain resource records.
Gain Revenue From Reselling Domain Names
Lots of Registrars have reseller programs that allow people to earn revenue from selling domain names to end clients. If you subscribe to such a program, you can initiate your very own online business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more individuals in regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will capitalize on 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.
Sell Top-Level Domain Names Under Your Own Brand
When you sign up for a domain name reseller program, you will receive a Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer billing management software and design layouts for your web storefront, and the automation of the whole process combined with the huge demand for domain names render the domain reseller business niche so attractive. You will either obtain a turn-key web site and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web page and form for placing orders. Commonly, you have the opportunity to choose between the two possibilities, so it all depends on how practiced you are in these matters. As a domain reseller, you will sell on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Earn Revenue From Selling Web Hosting Accounts Too
A proper supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to clients who wish to run their web page and demand both a domain name and a web space hosting plan. Given companies provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing transaction software to bill your clients. You can then sell TLDs and shared hosting accounts to clients, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.