The Internet is an ever-flourishing network that generates new opportunities to earn cash on the Web. One of them is to become a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an expanding business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain contains two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that handles the registrations and determines the preconditions that each given TLD may involve, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS records.
Make Profit From Trading Domains
Lots of Registrars have reseller programs that enable individuals to make revenue from selling domains to end clients. If you sign up for such a program, you can initiate your very own personal Internet business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more customers in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of 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.
Resell Domains Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will acquire a web hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and layouts for your web storefront, and the automation of the whole procedure coupled with the towering demand for domain names render the domain reseller business niche so seductive. You will either acquire a ready-for-use site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own web page and order form. Generally, you have the option to decide between the two possibilities, so it all revolves around how skillful you are in these issues. As a domain reseller, you will operate on behalf of your very own personal brand and not on behalf of the Registrar's.
Gain Cash From Providing Hosting Solutions Too
A nice addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to individuals who desire to manage their site and require both a domain and a web hosting package. Some companies supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to bill your customers. You can then offer top-level domain names and shared web hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.