The Internet is an ever-developing network that delivers new opportunities to earn cash on the Web. One of these options is to be a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently active domain names, so this is a blossoming trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the preconditions that each given Top-Level Domain may include, including the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Earn Money From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to make revenue from selling domain names to end clients. If you sign up for such a program, you can initiate your very own e-business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more persons in local regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will acquire a hosting CP where you can determine the prices for the specific top-level domain names that the Registrar offers. Most firms also offer invoicing software and skins for your web storefront, and the automation of the whole procedure coupled with the significant demand for domain names make the domain reseller market so seductive. You will either get a turn-key site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own online portal and form for placing orders. Traditionally, you have the option to pick between the 2 options, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's.
Make Cash From Trading Web Site Hosting Plans Too
A sensible supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to people who want to create their website and demand both a domain and a site hosting plan. A few companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing management software to charge your clients. You can then offer top-level domain names and shared web hosting accounts to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to users from all over the world.