The Internet is an ever-growing system that delivers new options to gain cash on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is a developing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is made of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the requirements that each concrete TLD may contain, such as the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS resource records.
Make Revenue From Trading Domains
Plenty of Registrars have reseller programs that permit individuals to earn profit from offering domain names to end clients. If you register with such a program, you can initiate your own personal Internet business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more persons in regional districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names Under Your Very Own Brand
When you sign up for a domain name reseller program, you will get a web hosting CP where you can set the prices for the specific TLDs that the Registrar provides. Most firms also offer invoicing transaction software and web page skins for your virtual store, and the automation of the entire procedure together with the enormous demand for domain names render the domain name reseller business so desirable. You will either receive a pre-built website and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Generally, you have the option to choose between the 2 alternatives, so it all depends on how proficient you are in these matters. As a domain name reseller, you will do business under your very own trademark name and not on behalf of the Registrar's brand.
Gain Money From Supplying Web Page Hosting Accounts As Well
A proper addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to persons who desire to establish their web site and require both a domain name and a web page hosting package. A number of corporations provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to charge your clients. You can then offer domains and shared hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to clients from all around the world.