The Internet is an ever-increasing platform that generates new options to earn cash on the Web. One of these opportunities is to become a domain reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is made of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".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 domain names include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the prerequisites that each concrete TLD may contain, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Gain Cash From Reselling Domain Names
A lot of Registrars have reseller programs that permit individuals to make revenue from offering domains to end clients. If you register with such a program, you can build your own online business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more people in regional districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domain Names Under Your Very Own Brand
When you subscribe to a domain name reseller program, you will receive a CP where you can settle the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide invoicing transaction software and design layouts for your virtual shop, and the automation of the whole process combined with the enormous demand for domains render the domain reseller market so seductive. You will either get a ready-to-use site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and form for placing orders. Commonly, you have the option to decide between the 2 possibilities, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will sell under your very own personal brand and not on behalf of the Registrar's brand.
Make Revenue From Trading Web Page Hosting Solutions As Well
An adequate addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to people who would like to run their web site and demand both a domain name and a web site hosting account. A number of companies have such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then sell domain names and shared website hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to users from all over the world.