The Internet is an ever-increasing system that provides new possibilities to earn money on the Internet. One of these possibilities is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a developing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-character abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the requirements that each specific TLD may involve, such as the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS records.
Make Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that permit people to earn revenue from selling domain names to end users. If you register with such a program, you can commence your own personal Internet business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more customers in regional communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domain Names Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a hosting CP where you can fix the prices for the different TLDs that the Registrar offers. Most corporations also provide billing software and site skins for your web shop, and the automation of the whole procedure coupled with the proliferating demand for domain names make the domain name reseller industry so desirable. You will either get 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 make your own personal website and order form. Normally, you have the opportunity to choose between the two alternatives, so it all depends on how advanced you are in these things. As a domain name reseller, you will do business on behalf of your own brand and not under the Registrar's.
Earn Cash From Reselling Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to individuals who desire to manage their site and require both a domain and a web site hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to charge your clients. You can then sell Top-Level Domains and shared hosting plans to clients, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.