The Internet is an ever-expanding system that furnishes new options to gain money on the Internet. One of these options is to be a domain name reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is an enlarging trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of two constituents - a Top-Level Domain (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 include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains 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 manages the registrations and determines the preconditions that each concrete Top-Level Domain may have, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS records.
Earn Cash From Reselling Domains
Many Registrars have reseller programs that enable individuals to make money from offering domain names to end customers. If you register with such a program, you can start your own web business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more people in provinces or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you register with a domain name reseller program, you will have a webspace hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most firms also offer invoicing software and website templates for your virtual store, and the automation of the whole process combined with the swelling demand for domains make the domain reseller market so tempting. You will either get a ready-to-use website and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Commonly, you have the opportunity to select between the 2 alternatives, so it all revolves around how experienced you are in these issues. As a domain reseller, you will sell on behalf of your very own personal brand and not under the Registrar's brand.
Gain Cash From Providing Site Hosting Services Too
A sensible supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to people who would like to run their website and require both a domain name and a web site hosting account. Some companies supply such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to charge your clients. You can then sell domain names and shared web hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the world.