The Internet is an ever-developing network that generates new opportunities to gain money on the Internet. One of these options is to be a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a developing business niche that you can become involved in.
TLDs and SLDs
A domain includes two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of two-letter abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the preconditions that each given top-level domain name may entail, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain name records.
Earn Cash From Trading Domains
Lots of Registrars have reseller programs that permit people to gain revenue from selling domain names to end users. If you sign up for such a program, you can commence your own personal e-business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more people in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domain Names Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will have a web hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar provides. Most firms also offer billing software and website templates for your web storefront, and the automation of the entire process combined with the growing demand for domain names make the domain reseller business so alluring. You will either get a ready-made website and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web page and form for placing orders. Usually, you have the option to pick between the two possibilities, so it all depends on how skillful you are in these issues. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's brand.
Gain Money From Promoting Web Page Hosting Plans Too
A perfect supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to users who wish to make their web site and require both a domain and a web space hosting account. Certain firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice management software to charge your customers. You can then offer Top-Level Domains and shared website hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the world.