The Internet is an ever-increasing community that delivers new options to earn cash online. One of these options is to become a domain reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is made of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 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 one, has a Registry - an organization that handles the registrations and determines the prerequisites that each specific TLD may include, like the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to clients and handle all DNS records.
Make Money From Selling Domain Names
Many Registrars have reseller programs that allow people to gain cash from selling domains to end users. If you subscribe to such a program, you can launch your own personal web business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more persons in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names Under Your Very Own Personal Brand
When you register with a domain reseller program, you will have a web site hosting CP where you can fix the prices for the different TLDs that the Registrar offers. Most corporations also provide invoice management software and web site layouts for your virtual storefront, and the automation of the whole process combined with the vast demand for domain names make the domain reseller market so seductive. You will either acquire a pre-made site and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web portal and order form. Typically, you have the opportunity to choose between the 2 possibilities, so it all depends on how practiced you are in these affairs. As a domain reseller, you will sell on behalf of your personal brand name and not under the Registrar's.
Make Revenue From Promoting Webspace Hosting Accounts Too
A nice addition to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to clients who want to create their web site and need both a domain name and a hosting account. Certain companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to charge your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to users from all over the world.