The World Wide Web is an ever-expanding system that generates new options to make cash on the Web. One of these options is to become a domain name reseller and offer domain names to end users, generating profit 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 millions of presently functioning domain names, so this is a growing business niche that you can be engaged in.
TLDs and SLDs
A domain contains two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and sets the prerequisites that each concrete Top-Level Domain may have, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name records.
Gain Money From Reselling Domain Names
Many Registrars have reseller programs that allow people to make money from selling domain names to end customers. If you register with such a program, you can begin your own personal web business. Generally, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can contact more people in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will get a web site hosting CP where you can determine the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide invoicing software and web page layouts for your web storefront, and the automation of the whole process together with the immense demand for domain names render the domain reseller market so desirable. You will either have a turn-key web site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web portal and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how experienced you are in these issues. As a domain reseller, you will sell on behalf of your own brand name and not on behalf of the Registrar's.
Make Revenue From Selling Webspace Hosting Packages Too
A sensible supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to clients who desire to create their online portal and need both a domain and a web space hosting account. Particular companies furnish such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then offer Top-Level Domains and shared hosting plans to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to users from all around the world.