The Internet is an ever-expanding network that supplies new possibilities to make money on the Web. One of them is to become a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a developing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name involves two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that symbolize each country. Examples 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 one, has a Registry - an organization that tackles the registrations and sets the prerequisites that each concrete top-level domain name may include, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS resource records.
Earn Profit From Trading Domain Names
Numerous Registrars have reseller programs that allow individuals to make cash from selling domains to end clients. If you register with such a program, you can launch your very own personal web business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more people in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs Under Your Own Brand Name
When you register with a domain reseller program, you will obtain a webspace hosting CP where you can choose the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoice transaction software and site layouts for your online shop, and the automation of the whole process together with the proliferating demand for domains make the domain name reseller industry so attractive. You will either get a pre-developed site and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web page and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all revolves around how trained you are in these things. As a domain name reseller, you will work under your very own personal brand name and not under the Registrar's brand.
Earn Profit From Offering Web Site Hosting Accounts As Well
A good addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to persons who would like to set up their web site and demand both a domain name and a webspace hosting plan. Certain corporations supply such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your clients. You can then sell Top-Level Domains and shared hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to clients from all over the globe.