The Internet is an ever-increasing network that provides new opportunities to earn cash on the Internet. One of these possibilities is to be a domain reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a flourishing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each given top-level domain name may impose, like the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and manage all DNS records.
Gain Cash From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to gain revenue from offering domain names to end clients. If you sign up for such a program, you can set up your own web business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more users in areas or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you register with a domain name reseller program, you will obtain a web page hosting CP where you can settle the prices for the specific top-level domain names that the Registrar provides. Most corporations also offer billing software and website themes for your online storefront, and the automation of the whole process together with the expanding demand for domains render the domain name reseller industry so desirable. You will either receive a pre-built web site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal online portal and form for placing orders. Typically, you have the opportunity to pick between the 2 alternatives, so it all depends on how advanced you are in these things. As a domain name reseller, you will sell under your own trademark name and not on behalf of the Registrar's.
Make Cash From Promoting Website Hosting Accounts As Well
An excellent supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to customers who wish to make their online portal and need both a domain name and a web page hosting account. A number of companies supply such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to bill your customers. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.