The Internet is an ever-developing platform that generates new possibilities to earn money on the Internet. One of these possibilities is to become a domain reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is an increasing business niche that you can be a part of.
TLDs and SLDs
A domain name consists of two pieces - 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 SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that administers the registrations and sets the preconditions that each particular Top-Level Domain may contain, among them the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS records.
Earn Cash From Trading Domain Names
Numerous Registrars have reseller programs that permit people to make cash from offering domain names to end clients. If you sign up for such a program, you can establish your very own electronic business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more customers in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will have a web space hosting Control Panel where you can set the prices for the individual TLDs that the Registrar offers. Most corporations also offer invoicing transaction software and site templates for your web store, and the automation of the whole process together with the considerable demand for domain names make the domain reseller market so alluring. You will either obtain a pre-built website and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web portal and form for placing orders. Traditionally, you have the option to select between the 2 possibilities, so it all depends on how skilled you are in these affairs. As a domain reseller, you will work on behalf of your own brand name and not under the Registrar's.
Make Profit From Selling Web Page Hosting Services Too
A suitable supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to customers who want to launch their web portal and demand both a domain name and a web space hosting account. A few companies supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to bill your customers. You can then sell domains and shared website hosting accounts to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to clients from all around the globe.