The Internet is an ever-growing network that delivers new possibilities to make cash online. One of these options is to be a domain reseller and offer domain names to end customers, earning profit 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 presently active domains, so this is a thriving trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-character abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each specific top-level domain name may have, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all DNS resource records.
Earn Profit From Offering Domain Names
A lot of Registrars have reseller programs that permit people to gain cash from offering domains to end users. If you sign up for such a program, you can build your own electronic business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight 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 at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a web site hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most firms also provide invoicing software and site themes for your virtual shop, and the automation of the entire process combined with the significant demand for domain names make the domain name reseller business so attractive. You will either have a pre-made site and utilize 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 web portal and order form. Usually, you have the opportunity to pick between the two options, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will sell under your very own personal brand name and not on behalf of the Registrar's.
Make Profit From Selling Web Page Hosting Accounts Too
A perfect supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to individuals who desire to develop their online portal and require both a domain name and a web site hosting package. Some corporations provide such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the globe.