The Internet is an ever-developing platform that generates new ways to earn cash on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a flowering trading niche that you can be involved in.
TLDs and SLDs
A domain is composed of two constituents - 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 SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific top-level domain name may impose, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and handle all domain name resource records.
Earn Revenue From Selling Domains
Many Registrars have reseller programs that enable individuals to make money from selling domains to end clients. If you sign up for such a program, you can start your very own online business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more persons in local regions or countries where the Registrar may not be known at all. 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 imposes for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain reseller program, you will have a web page hosting Control Panel where you can settle the prices for the different TLDs that the Registrar offers. Most companies also offer billing software and web page themes for your virtual store, and the automation of the whole procedure combined with the growing demand for domains render the domain reseller business so seductive. You will either obtain a ready-made site and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and form for placing orders. Typically, you have the option to select between the two alternatives, so it all depends on how skilled you are in these things. As a domain name reseller, you will sell under your very own brand name and not under the Registrar's brand.
Make Profit From Selling Web Space Hosting Services As Well
A good supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to users who would like to build their online portal and demand both a domain and a web page hosting plan. Particular corporations supply such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to bill your customers. You can then offer domain names and shared web hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.