The Internet is an ever-increasing system that provides new possibilities to earn cash on the Web. One of these opportunities is to become a domain reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-character abbreviations that symbolize each country. Examples 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, has a Registry - an institution that manages the registrations and sets the prerequisites that each given top-level domain name may include, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Earn Revenue From Reselling Domain Names
A lot of Registrars have reseller programs that permit individuals to make cash from offering domain names to end customers. If you sign up for such a program, you can begin your very own personal Internet business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more people in regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides 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.
Resell Domain Names Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will get a webspace hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also provide billing software and web design templates for your online shop, and the automation of the whole process combined with the expanding demand for domain names make the domain reseller industry so alluring. You will either get a ready-for-use site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Commonly, you have the opportunity to decide between the two alternatives, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will operate under your own trademark name and not under the Registrar's brand.
Gain Profit From Offering Site Hosting Services Too
A reasonable supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to customers who would like to develop their website and demand both a domain and a web site hosting account. Certain corporations supply such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoice transaction software to bill your clients. You can then sell domain names and shared hosting plans to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to clients from all over the world.