The Internet is an ever-growing platform that provides new options to gain cash on the Internet. One of them is to become a domain reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domains, so this is a blossoming trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of two parts - 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 Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that handles the registrations and sets the preconditions that each specific TLD may involve, among them the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain resource records.
Gain Cash From Offering Domain Names
Lots of Registrars have reseller programs that allow individuals to earn money from offering domain names to end clients. If you subscribe to such a program, you can begin your own personal electronic business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more customers in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer TLDs On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will obtain a webspace hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer billing software and website layouts for your virtual storefront, and the automation of the whole procedure combined with the large demand for domain names render the domain reseller market so desirable. You will either obtain a pre-made website and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal portal and form for placing orders. Traditionally, you have the opportunity to choose between the 2 alternatives, so it all depends on how proficient you are in these issues. As a domain name reseller, you will work under your personal brand name and not on behalf of the Registrar's brand.
Gain Profit From Trading Site Hosting Accounts Too
A perfect supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to clients who would like to set up their web page and require both a domain and a site hosting package. Certain companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to charge your clients. You can then sell domains and shared web hosting plans to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.