The Internet is an ever-developing network that offers new possibilities to make cash on the Internet. One of these options is to become a domain name reseller and offer domains to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain contains 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-character abbreviations that symbolize 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 generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each specific top-level domain name may involve, like the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain records.
Gain Money From Offering Domains
A lot of Registrars have reseller programs that enable people to make revenue from selling domain names to end clients. If you subscribe to such a program, you can start your very own electronic business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more clients in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell TLDs Under Your Personal Trademark Name
When you register with a domain name reseller program, you will receive a web page hosting Control Panel where you can fix the prices for the individual top-level domain names that the Registrar offers. Most corporations also provide invoicing transaction software and website templates for your online shop, and the automation of the entire procedure coupled with the great demand for domain names render the domain name reseller business so attractive. You will either receive a ready-to-use website and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own site and form for placing orders. Generally, you have the opportunity to choose between the two alternatives, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Make Money From Providing Site Hosting Plans As Well
An appropriate addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to people who wish to build their web site and demand both a domain name and a hosting plan. Certain corporations offer such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing transaction software to charge your customers. You can then sell TLDs and shared website hosting accounts to customers, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to persons from all over the globe.