The Internet is an ever-growing system that generates new ways to gain cash on the Internet. One of them is to be a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domain names, so this is a developing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD 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 Domains include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the preconditions that each concrete top-level domain name may impose, including the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and administer all DNS records.
Make Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that enable people to earn money from offering domain names to end clients. If you sign up for such a program, you can kick off your very own personal web business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more persons in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains Under Your Personal Brand
When you register with a domain name reseller program, you will receive a web page hosting Control Panel where you can set the prices for the specific TLDs that the Registrar provides. Most companies also provide invoicing transaction software and design skins for your web shop, and the automation of the whole procedure coupled with the large demand for domains render the domain name reseller market so desirable. You will either have a ready-to-use web site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Typically, you have the opportunity to decide between the 2 options, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will do business under your personal brand and not on behalf of the Registrar's.
Earn Money From Promoting Web Hosting Services Too
An excellent addition to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to customers who would like to launch their web page and require both a domain name and a web space hosting account. Some firms provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice software to bill your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.