The Internet is an ever-enlarging platform that offers new opportunities to make money online. One of these ways is to be a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is an enlarging trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain includes 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-letter abbreviations that stand for 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 generic TLD or a country-code one, has a Registry - an organization that administers the registrations and determines the prerequisites that each particular Top-Level Domain may entail, among them the length of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS records.
Gain Cash From Trading Domains
Multiple Registrars have reseller programs that enable individuals to make profit from selling domains to end customers. If you sign up for such a program, you can establish your own e-business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more persons in local regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Domains On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will have a web site hosting CP where you can select the prices for the individual TLDs that the Registrar offers. Most corporations also provide invoice management software and themes for your web storefront, and the automation of the whole procedure combined with the swelling demand for domains make the domain name reseller business so seductive. You will either obtain a pre-built website and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Usually, you have the opportunity to pick between the two options, so it all depends on how advanced you are in these things. As a domain name reseller, you will do business on behalf of your personal trademark name and not under the Registrar's brand.
Make Cash From Selling Hosting Accounts As Well
A logical addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to customers who wish to build their web page and need both a domain name and a web site hosting plan. A few companies supply such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your customers. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the globe.