The Internet is an ever-developing platform that offers new possibilities to gain cash on the Internet. One of these ways is to be a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail price of each 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 blossoming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is made of 2 pieces - a top-level domain name (TLD) and a second-level domain name (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 TLDs
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that deals with the registrations and determines the requirements that each particular top-level domain name may entail, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS resource records.
Earn Cash From Trading Domain Names
Numerous Registrars have reseller programs that allow individuals to earn profit from offering domain names to end customers. If you register with such a program, you can kickstart your own e-business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can reach more clients in local districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a site hosting Control Panel where you can fix the prices for the different Top-Level Domains that the Registrar provides. Most firms also provide invoicing software and web site layouts for your virtual store, and the automation of the entire procedure together with the flourishing demand for domain names make the domain reseller industry so tempting. You will either receive a pre-made site and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Normally, you have the option to pick between the 2 possibilities, so it all depends on how trained you are in these things. As a domain name reseller, you will do business under your personal trademark name and not on behalf of the Registrar's.
Gain Profit From Supplying Web Space Hosting Solutions Too
A relevant addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to people who would like to have their site and need both a domain and a hosting package. A number of firms offer such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to bill your customers. You can then offer domain names and shared website hosting plans to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to users from all over the globe.