The Internet is an ever-expanding network that furnishes new opportunities to earn cash on the Web. One of these options is to become a domain name reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domain names, so this is an increasing business niche that you can become engaged in.
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 example, ".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 Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the requirements that each particular Top-Level Domain may have, such as the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS resource records.
Make Revenue From Reselling Domain Names
Many Registrars have reseller programs that enable individuals to gain profit from offering domain names to end customers. If you subscribe to such a program, you can kick off your very own personal Internet business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Trade Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will acquire a site hosting CP where you can select the prices for the specific TLDs that the Registrar offers. Most companies also provide billing transaction software and themes for your virtual store, and the automation of the entire process together with the flourishing demand for domains make the domain name reseller business niche so alluring. You will either receive a turn-key web site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and order form. Typically, you have the opportunity to select between the two possibilities, so it all revolves around how practiced you are in these things. As a domain reseller, you will do business under your personal trademark name and not on behalf of the Registrar's brand.
Earn Profit From Trading Hosting Packages Too
An excellent addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to customers who would like to manage their website and need both a domain name and a hosting package. Some corporations have such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to charge your clients. You can then sell domains and shared hosting plans to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.