The Internet is an ever-growing network that provides new possibilities to earn cash online. One of these opportunities is to be a domain reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-letter abbreviations that correspond to 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 manages the registrations and sets the requirements that each given top-level domain name may impose, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and handle all DNS records.
Gain Money From Selling Domain Names
Numerous Registrars have reseller programs that enable people to earn money from selling domains to end customers. If you subscribe to such a program, you can set up your own personal web business. As a rule, 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 individuals in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domains Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web page hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most firms also provide billing software and design skins for your virtual storefront, and the automation of the entire process together with the big demand for domains render the domain reseller market so attractive. You will either get a ready-made web site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Traditionally, you have the opportunity to choose between the 2 options, so it all revolves around how expert you are in these affairs. As a domain reseller, you will sell under your very own personal trademark name and not under the Registrar's.
Make Profit From Selling Website Hosting Plans As Well
A sensible addition to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to persons who desire to develop their web page and need both a domain name and a site hosting account. Some companies offer such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to charge your clients. You can then offer domains and shared hosting accounts to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all over the world.