The Internet is an ever-growing platform that provides new options to make money on the Internet. One of these options is to become a domain name reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a blossoming trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name involves two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and determines the requirements that each particular TLD may contain, like the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and manage all domain resource records.
Make Money From Selling Domain Names
Plenty of Registrars have reseller programs that allow individuals to gain revenue from selling domain names to end clients. If you sign up for such a program, you can initiate your very own web business. Commonly, 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 reason is that resellers can contact more clients in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will get a site hosting CP where you can choose the prices for the specific TLDs that the Registrar offers. Most companies also offer invoice software and web skins for your online store, and the automation of the entire procedure combined with the flourishing demand for domains make the domain reseller business niche so seductive. You will either receive a ready-for-use site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Generally, you have the opportunity to select between the 2 options, so it all revolves around how trained you are in these matters. As a domain reseller, you will sell under your own personal trademark name and not on behalf of the Registrar's.
Make Cash From Offering Site Hosting Plans Too
A proper supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to customers who want to make their web portal and demand both a domain and a web site hosting account. Given firms furnish 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-charge invoicing software to bill your customers. You can then offer domain names and shared website hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.