The Internet is an ever-growing system that supplies new options to earn cash on the Internet. One of these options is to become a domain name reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently active domains, so this is a blossoming trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the prerequisites that each concrete TLD may entail, among them the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name records.
Gain Money From Trading Domain Names
Multiple Registrars have reseller programs that permit people to make money from selling domains to end customers. If you register with such a program, you can launch your very own personal web business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more persons in regional communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will cash in 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 Domains Under Your Very Own Trademark Name
When you sign up for a domain reseller program, you will receive a website hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most corporations also provide invoice management software and web site themes for your web storefront, and the automation of the whole procedure combined with the enlarging demand for domain names render the domain reseller market so attractive. You will either acquire a ready-for-use website and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own online portal and form for placing orders. Usually, you have the option to select between the two alternatives, so it all revolves around how expert you are in these matters. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Selling Web Hosting Services As Well
A reasonable supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who want to launch their web site and demand both a domain and a web site hosting plan. A few firms provide such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to charge your clients. You can then offer top-level domain names and shared web hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.