The Internet is an ever-expanding network that offers new options to make money on the Internet. One of these options is to be a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an increasing trading niche that you can be engaged in.
TLDs and SLDs
A domain consists of two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-character abbreviations that stand for 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 one, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each particular Top-Level Domain may involve, among them the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain name resource records.
Earn Profit From Selling Domains
A lot of Registrars have reseller programs that permit people to make profit from selling domain names to end users. If you subscribe to such a program, you can build your own Internet business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more customers in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue 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 Domains Under Your Very Own Trademark Name
When you register with a domain reseller program, you will have a hosting Control Panel where you can choose the prices for the various top-level domain names that the Registrar provides. Most firms also offer billing management software and design themes for your online store, and the automation of the whole procedure coupled with the rising demand for domain names render the domain name reseller industry so tempting. You will either have a ready-for-use site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Normally, you have the opportunity to select between the 2 options, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Earn Money From Reselling Website Hosting Packages As Well
A reasonable addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to customers who desire to launch their web site and demand both a domain name and a webspace hosting plan. Particular firms furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to bill your customers. You can then sell domains and shared website hosting packages to customers, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.