The Internet is an ever-increasing network that offers new possibilities to make money online. One of these possibilities is to become a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is an expanding trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain consists of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-letter abbreviations that correspond to 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 one, has a Registry - an institution that tackles the registrations and determines the preconditions that each specific Top-Level Domain may have, including the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Gain Money From Reselling Domains
Numerous Registrars have reseller programs that enable people to earn cash from offering domains to end clients. If you subscribe to such a program, you can start your very own Internet business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more users in local districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names Under Your Own Personal Brand Name
When you register with a domain reseller program, you will acquire a webspace hosting Control Panel where you can set the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoice software and web page skins for your online shop, and the automation of the whole procedure together with the increasing demand for domains render the domain name reseller business niche so alluring. You will either get a pre-made site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web portal and order form. Commonly, you have the option to choose between the 2 possibilities, so it all depends on how experienced you are in these matters. As a domain reseller, you will work on behalf of your very own brand and not under the Registrar's brand.
Make Cash From Reselling Webspace Hosting Packages As Well
A perfect supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to clients who would like to have their site and require both a domain name and a site hosting package. A number of companies supply such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing software to bill your clients. You can then offer domain names and shared web hosting plans to customers, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to clients from all around the world.