The Internet is an ever-developing network that offers new possibilities to make cash on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter 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 country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each concrete Top-Level Domain may impose, including the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and manage all DNS records.
Earn Money From Selling Domain Names
Numerous Registrars have reseller programs that permit people to earn money from offering domains to end users. If you register with such a program, you can begin your very own e-business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more users in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will get a web space hosting Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar provides. Most firms also offer billing transaction software and layouts for your online shop, and the automation of the whole process together with the proliferating demand for domains make the domain name reseller industry so desirable. You will either obtain a turn-key site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal site and form for placing orders. Traditionally, you have the option to decide between the two alternatives, so it all depends on how skilled you are in these matters. As a domain name reseller, you will work under your very own personal brand and not on behalf of the Registrar's brand.
Earn Money From Promoting Web Page Hosting Solutions Too
A good addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to people who want to run their site and require both a domain and a web site hosting package. Given companies provide such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to charge your clients. You can then sell domain names and shared web hosting plans to clients, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.