The Internet is an ever-flourishing platform that offers new opportunities to earn money on the Web. One of these opportunities is to be a domain reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a developing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-letter abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and sets the prerequisites that each concrete top-level domain name may have, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and manage all DNS records.
Earn Cash From Offering Domain Names
Numerous Registrars have reseller programs that allow individuals to make money from selling domains to end customers. If you register with such a program, you can launch your own personal electronic business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more clients in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will obtain a site hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also offer billing transaction software and web layouts for your web shop, and the automation of the whole procedure coupled with the growing demand for domains make the domain name reseller business so attractive. You will either get a ready-made website and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own online portal and order form. Normally, you have the opportunity to decide between the two alternatives, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will operate on behalf of your very own personal trademark name and not under the Registrar's brand.
Make Profit From Offering Webspace Hosting Plans Too
A logical supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to persons who want to have their web site and require both a domain and a website hosting package. A number of corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to charge your customers. You can then sell domain names and shared web hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.