The Internet is an ever-growing platform that supplies new opportunities to earn cash on the Web. One of these options is to be a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a developing business niche that you can become engaged in.
TLDs and SLDs
A domain comprises two parts - 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 and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 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 country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific Top-Level Domain may impose, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS records.
Earn Revenue From Offering Domain Names
A lot of Registrars have reseller programs that enable people to earn cash from offering domains to end users. If you sign up for such a program, you can initiate your very own personal online business. Usually, 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 customer. The reason is that resellers can reach more persons in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Brand
When you register with a domain reseller program, you will obtain a Control Panel where you can settle the prices for the specific top-level domain names that the Registrar offers. Most companies also provide invoicing software and design themes for your virtual shop, and the automation of the whole procedure coupled with the enlarging demand for domain names render the domain name reseller business so desirable. You will either acquire a turn-key web site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Typically, you have the option to select between the two options, so it all depends on how practiced you are in these issues. As a domain reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Gain Money From Trading Web Page Hosting Packages Too
A good supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to persons who want to establish their website and demand both a domain and a webspace hosting plan. Given companies have such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your customers. You can then sell domains and shared web hosting plans to customers, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to customers from all around the world.