The Internet is an ever-growing platform that delivers new options to earn cash on the Internet. One of these possibilities is to become a domain name reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a flourishing business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is composed of 2 entities - 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.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the preconditions that each specific Top-Level Domain may involve, among them the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain records.
Earn Revenue From Reselling Domains
Numerous Registrars have reseller programs that enable people to gain revenue from offering domains to end users. If you sign up for such a program, you can launch your own web business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more people in regional districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will acquire a web site hosting CP where you can select the prices for the individual top-level domain names that the Registrar provides. Most companies also offer billing management software and web design layouts for your online store, and the automation of the entire process coupled with the towering demand for domains make the domain name reseller industry so tempting. You will either have a pre-developed web site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Commonly, you have the option to select between the two possibilities, so it all depends on how practiced you are in these matters. As a domain name reseller, you will sell under your personal brand and not under the Registrar's brand.
Gain Revenue From Promoting Web Page Hosting Plans Too
A logical supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to clients who want to establish their site and demand both a domain name and a site hosting account. A number of companies offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing transaction software to bill your customers. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to customers from all over the globe.