The Internet is an ever-enlarging community that provides new ways to gain cash on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a flourishing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain involves two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the prerequisites that each particular top-level domain name may entail, including the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain records.
Earn Money From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to earn cash from selling domain names to end clients. If you subscribe to such a program, you can set up your very own electronic business. Typically, 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 user. The explanation is that resellers can contact more people in provinces 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 profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will receive a web hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer invoice management software and site templates for your online store, and the automation of the whole procedure together with the expanding demand for domain names render the domain reseller industry so attractive. You will either have a turn-key site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal website and form for placing orders. Commonly, you have the opportunity to select between the two possibilities, so it all depends on how practiced you are in these issues. As a domain reseller, you will sell on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Profit From Trading Site Hosting Services As Well
A reasonable supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to clients who desire to manage their web page and require both a domain name and a web page hosting account. Certain companies provide such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to charge your customers. You can then sell TLDs and shared web hosting plans to customers, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.