The Internet is an ever-flourishing system that furnishes new ways to gain cash on the Internet. One of these options is to be a domain name reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name comprises 2 components - 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.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that administers the registrations and determines the requirements that each particular top-level domain name may have, like the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS records.
Make Money From Offering Domains
Many Registrars have reseller programs that enable individuals to make cash from offering domain names to end clients. If you register with such a program, you can launch your very own personal web business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more clients in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will get a web site hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most companies also provide invoice software and web site templates for your web storefront, and the automation of the entire process together with the increasing demand for domains render the domain name reseller business so attractive. You will either get a ready-made site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Commonly, you have the option to select between the 2 alternatives, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's brand.
Gain Profit From Supplying Webspace Hosting Services As Well
An excellent supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to persons who would like to establish their web site and demand both a domain name and a website hosting account. Given companies supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to bill your clients. You can then offer TLDs and shared web hosting plans to customers, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.