The Internet is an ever-expanding network that provides new possibilities to make cash on the Web. One of them is to become a domain reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is a blooming business niche that you can become engaged in.
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 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 top-level domain names comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each given Top-Level Domain may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS resource records.
Make Revenue From Trading Domain Names
Plenty of Registrars have reseller programs that enable individuals to make cash from selling domain names to end users. If you register with such a program, you can build your own personal web business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more people in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will get a hosting CP where you can set the prices for the separate TLDs that the Registrar provides. Most firms also provide billing management software and web site layouts for your online store, and the automation of the entire procedure together with the enlarging demand for domains make the domain name reseller industry so attractive. You will either acquire a ready-made site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web site and form for placing orders. Typically, you have the option to select between the two alternatives, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will sell under your very own personal brand and not under the Registrar's.
Earn Cash From Trading Site Hosting Plans As Well
A proper supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to customers who want to have their web portal and need both a domain name and a web page hosting plan. Some corporations have such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then offer domains and shared web hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the globe.