The Internet is an ever-growing network that supplies new ways to earn money on the Internet. One of these ways is to be a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is an expanding business niche that you can become engaged in.
TLDs and SLDs
A domain name includes two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-character abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that tackles the registrations and sets the prerequisites that each concrete Top-Level Domain may have, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name resource records.
Make Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to make cash from offering domains to end customers. If you subscribe to such a program, you can launch your own e-business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more clients in local districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Resell TLDs On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web hosting CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also provide billing software and website skins for your web store, and the automation of the entire process together with the big demand for domain names render the domain name reseller market so attractive. You will either obtain a ready-for-use web site and avail 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 very own personal web site and form for placing orders. Traditionally, you have the option to decide between the 2 alternatives, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will operate under your personal trademark name and not on behalf of the Registrar's.
Earn Revenue From Promoting Web Page Hosting Plans Too
An excellent addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to customers who want to run their web site and demand both a domain and a web page hosting plan. Given companies supply such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to bill your customers. You can then sell TLDs and shared website hosting accounts to clients, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to customers from all over the globe.