The Internet is an ever-growing system that delivers new options to earn cash on the Internet. One of these options is to become a domain reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a flourishing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the requirements that each specific Top-Level Domain may contain, among them the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain name records.
Gain Profit From Offering Domains
Numerous Registrars have reseller programs that permit people to make money from offering domain names to end customers. If you subscribe to such a program, you can start your own personal Internet business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more users in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade Domains On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will receive a web space hosting CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and layouts for your web shop, and the automation of the entire procedure coupled with the great demand for domain names make the domain reseller industry so alluring. You will either get a pre-built web site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal website and order form. Normally, you have the opportunity to choose between the two alternatives, so it all depends on how advanced you are in these things. As a domain name reseller, you will do business under your own trademark name and not under the Registrar's.
Gain Money From Trading Web Site Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to users who desire to develop their website and demand both a domain and a site hosting account. Given companies supply such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to bill your customers. You can then offer TLDs and shared hosting plans to clients, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to users from all around the globe.