The Internet is an ever-enlarging network that supplies new opportunities to make money on the Internet. One of these ways is to become a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each particular TLD may include, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and manage all domain name resource records.
Make Revenue From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to earn cash from offering domain names to end clients. If you register with such a program, you can set up your very own web business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more people in local districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will have a web site hosting Control Panel where you can settle the prices for the specific TLDs that the Registrar offers. Most companies also offer invoicing transaction software and web design themes for your online storefront, and the automation of the entire procedure coupled with the increasing demand for domain names render the domain name reseller industry so attractive. You will either receive a ready-made website and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web site and order form. Commonly, you have the opportunity to decide between the 2 possibilities, so it all depends on how trained you are in these affairs. As a domain name reseller, you will work under your very own personal brand and not under the Registrar's.
Gain Revenue From Promoting Hosting Solutions As Well
A relevant supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to clients who desire to develop their web site and need both a domain and a web page hosting plan. A number of companies provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing transaction software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.