The Internet is an ever-flourishing system that provides new possibilities to earn cash on the Web. One of these options is to become a domain name reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an enlarging business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name involves two pieces - 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 SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each given TLD may entail, among them the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS resource records.
Gain Money From Reselling Domains
Multiple Registrars have reseller programs that enable people to gain revenue from selling domain names to end customers. If you sign up for such a program, you can initiate your very own electronic 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 reason is that resellers can reach more persons in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Own Brand
When you register with a domain reseller program, you will have a hosting CP where you can fix the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also offer invoice management software and site skins for your web shop, and the automation of the whole procedure together with the proliferating demand for domains render the domain reseller business niche so attractive. You will either have a pre-built site and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own website and order form. Normally, you have the opportunity to pick between the 2 possibilities, so it all depends on how advanced you are in these affairs. As a domain reseller, you will do business under your own personal brand and not under the Registrar's brand.
Gain Cash From Providing Web Space Hosting Services As Well
An adequate addition to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who would like to create their web site and require both a domain and a hosting account. Certain corporations supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to charge your customers. You can then sell Top-Level Domains and shared web hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to users from all over the world.