The Internet is an ever-flourishing community that provides new options to make cash on the Internet. One of these possibilities is to be a domain reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a thriving business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain contains 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
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 ccTLDs involve 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that handles the registrations and sets the requirements that each particular TLD may involve, like the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all DNS resource records.
Earn Money From Offering Domains
Multiple Registrars have reseller programs that enable individuals to make cash from selling domains to end users. If you register with such a program, you can initiate your very own online business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more individuals in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain name reseller program, you will have a CP where you can determine the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide invoicing software and web page layouts for your virtual storefront, and the automation of the entire process together with the enlarging demand for domain names make the domain reseller industry so tempting. You will either obtain a turn-key web site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web page and order form. Commonly, you have the option to select between the two options, so it all revolves around how expert you are in these things. As a domain reseller, you will work under your personal brand and not under the Registrar's.
Earn Revenue From Offering Web Site Hosting Solutions Too
A proper supplement to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to individuals who would like to manage their web site and demand both a domain and a website hosting plan. A number of companies supply such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to charge your customers. You can then sell domain names and shared website hosting accounts to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.