The Internet is an ever-developing network that furnishes new possibilities to make cash online. One of these options is to become a domain name reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domains, so this is an enlarging trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is made of 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 name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular Top-Level Domain may entail, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name resource records.
Gain Revenue From Offering Domain Names
Numerous Registrars have reseller programs that allow individuals to make cash from offering domains to end clients. If you subscribe to such a program, you can commence your own electronic business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more clients in local districts or states where the Registrar may not be famous 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 customer pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will have a CP where you can choose the prices for the separate top-level domain names that the Registrar offers. Most companies also provide billing transaction software and web design layouts for your virtual storefront, and the automation of the whole process combined with the expanding demand for domain names make the domain reseller business so desirable. You will either acquire a ready-to-use web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will operate under your very own personal brand and not under the Registrar's.
Make Cash From Offering Webspace Hosting Plans Too
An excellent 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 website and require both a domain name and a web space hosting package. Certain firms have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to bill your clients. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide a lot of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.