The Internet is an ever-enlarging platform that offers new opportunities to gain cash on the Web. One of these opportunities is to be a domain reseller and sell domains to end clients, gaining 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 millions of currently functioning domains, so this is an expanding business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name includes two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-letter abbreviations that stand for each country. Examples of country-code TLDs 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, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each given TLD may entail, among them the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and manage all domain resource records.
Earn Money From Reselling Domain Names
Many Registrars have reseller programs that allow people to make cash from selling domains to end customers. If you sign up for such a program, you can kick off your very own personal e-business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more persons in regional communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on 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.
Trade Domain Names Under Your Very Own Brand
When you register with a domain reseller program, you will acquire a website hosting CP where you can select the prices for the different TLDs that the Registrar offers. Most corporations also offer invoicing transaction software and website skins for your web store, and the automation of the entire procedure together with the expanding demand for domain names render the domain name reseller industry so tempting. You will either have a ready-to-use site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal portal and order form. Typically, you have the opportunity to choose 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 own brand name and not under the Registrar's brand.
Make Revenue From Providing Web Hosting Solutions As Well
An excellent supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to customers who desire to manage their web portal and require both a domain and a webspace hosting plan. A few corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to charge your customers. You can then sell top-level domain names and shared website hosting packages to clients, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.