The World Wide Web is an ever-flourishing community that offers new options to gain cash on the Web. One of these possibilities is to be a domain name reseller and offer domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a blossoming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name involves two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take 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 domain names can be generic or country code. The gTLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the preconditions that each concrete Top-Level Domain may involve, such as the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Earn Profit From Selling Domain Names
Numerous Registrars have reseller programs that enable people to gain profit from offering domains to end users. If you register with such a program, you can establish your very own web business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more people in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will receive a web page hosting Control Panel where you can select the prices for the individual top-level domain names that the Registrar offers. Most companies also provide billing transaction software and web skins for your web shop, and the automation of the whole process together with the rising demand for domains make the domain reseller business niche so alluring. You will either obtain a ready-for-use web site and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal portal and form for placing orders. Usually, you have the opportunity to choose between the two possibilities, so it all depends on how skilled you are in these matters. As a domain reseller, you will work under your very own brand name and not on behalf of the Registrar's.
Make Profit From Selling Web Hosting Solutions Too
An appropriate supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to persons who wish to have their website and require both a domain and a web space hosting plan. Given companies furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice transaction software to bill your clients. You can then sell domain names and shared website hosting packages to customers, and since they offer many different domain name extensions, you will be able to offer domain and hosting services to individuals from all over the globe.