The Internet is an ever-expanding system that furnishes new ways to make cash on the Internet. One of them is to be a domain reseller and offer domain names to end users, earning revenue 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 functioning domains, so this is an expanding trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the preconditions that each concrete Top-Level Domain may involve, among them the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS records.
Make Cash From Trading Domains
Lots of Registrars have reseller programs that enable individuals to make profit from selling domains to end users. If you subscribe to such a program, you can build your own Internet business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more persons in provinces or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web site hosting Control Panel where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most firms also provide invoicing software and skins for your virtual storefront, and the automation of the whole process together with the strong demand for domain names render the domain name reseller industry so desirable. You will either receive a ready-to-use web site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Traditionally, you have the opportunity to choose between the 2 alternatives, so it all depends on how practiced you are in these issues. As a domain reseller, you will operate under your very own trademark name and not on behalf of the Registrar's brand.
Earn Money From Offering Site Hosting Plans As Well
A relevant addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to people who would like to develop their web portal and require both a domain and a website hosting plan. A number of companies have such options. With 'ResellersPanel', for instance, you can buy 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 customers. You can then sell top-level domain names and shared web hosting plans to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.