The Internet is an ever-increasing system that furnishes new possibilities to make cash on the Internet. One of them is to become a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domains, so this is an enlarging trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the requirements that each specific TLD may include, among them the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Gain Money From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to gain money from offering domains to end clients. If you register with such a program, you can launch your very own personal web business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more people in regional communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will earn a profit from 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.
Sell Domain Names On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can set the prices for the separate top-level domain names that the Registrar provides. Most companies also offer invoicing software and web page themes for your web storefront, and the automation of the entire procedure together with the immense demand for domains render the domain name reseller market so alluring. You will either receive a pre-developed web site and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Usually, you have the opportunity to choose between the two possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will work on behalf of your very own brand name and not on behalf of the Registrar's.
Make Revenue From Supplying Web Hosting Solutions As Well
A nice addition to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to clients who wish to manage their site and demand both a domain name and a site hosting plan. Some corporations provide such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your customers. You can then sell TLDs and shared web hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to users from all around the world.