The Internet is an ever-increasing network that supplies new opportunities to make cash on the Internet. One of them is to be a domain reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domains, so this is a blossoming trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain involves two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that symbolize each country. Examples of ccTLDs 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 name, has a Registry - an organization that deals with the registrations and sets the preconditions that each specific Top-Level Domain may involve, such as the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to customers and manage all domain resource records.
Make Money From Offering Domain Names
Numerous Registrars have reseller programs that allow individuals to gain revenue from offering domains to end clients. If you subscribe to such a program, you can set up your very own web business. Usually, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more persons in regional districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Domain Names Under Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will obtain a site hosting CP where you can choose the prices for the specific top-level domain names that the Registrar provides. Most companies also provide invoice software and web page skins for your web shop, and the automation of the entire process coupled with the strong demand for domain names make the domain reseller business so alluring. You will either receive a ready-for-use web site and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web site and order form. Typically, you have the option to pick between the 2 possibilities, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will sell under your personal brand name and not on behalf of the Registrar's brand.
Gain Cash From Trading Website Hosting Solutions Too
A relevant supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to people who want to run their site and demand both a domain and a site hosting plan. Given firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to charge your clients. You can then sell Top-Level Domains and shared hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to customers from all over the world.