The Internet is an ever-growing community that furnishes new possibilities to earn money on the Web. One of these ways 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 price of each and every domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain comprises 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete top-level domain name may include, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all DNS records.
Gain Profit From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to gain revenue from offering domains to end users. If you sign up for such a program, you can commence your very own personal electronic business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more individuals in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Personal Brand Name
When you register with a domain reseller program, you will have a web space hosting Control Panel where you can select the prices for the specific top-level domain names that the Registrar offers. Most corporations also provide invoice software and web site templates for your online shop, and the automation of the entire process coupled with the growing demand for domain names render the domain reseller market niche so desirable. You will either get a ready-made web site 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 build your very own website and form for placing orders. Usually, you have the option to pick between the two possibilities, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Earn Cash From Providing Site Hosting Packages Too
An appropriate supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to individuals who want to have their web portal and demand both a domain and a web site hosting account. Given companies offer such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then offer TLDs and shared website hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.