The Internet is an ever-enlarging network that supplies new possibilities to make money online. One of these options is to be a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domain names, so this is a flourishing trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may entail, such as the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS records.
Make Cash From Trading Domain Names
Numerous Registrars have reseller programs that permit individuals to make profit from offering domain names to end users. If you subscribe to such a program, you can launch your very own Internet business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more customers in regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will cash in on 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.
Sell Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will have a webspace hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most firms also provide invoicing software and site themes for your virtual shop, and the automation of the whole procedure combined with the vast demand for domains render the domain reseller market niche so seductive. You will either obtain a pre-developed web site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal website and order form. Typically, you have the opportunity to pick between the two alternatives, so it all revolves around how expert you are in these matters. As a domain name reseller, you will do business under your very own trademark name and not under the Registrar's.
Gain Revenue From Selling Web Hosting Packages As Well
An adequate addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to users who would like to run their online portal and need both a domain and a site hosting plan. Particular firms provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then sell TLDs and shared website hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all around the globe.