The Internet is an ever-developing system that supplies new opportunities to make cash online. One of them is to be a domain reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a growing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name involves two parts - 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.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-letter abbreviations that signify each country. Examples 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 TLD, has a Registry - an organization that deals with the registrations and determines the requirements that each given Top-Level Domain may entail, including the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and manage all domain name records.
Earn Revenue From Offering Domain Names
Lots of Registrars have reseller programs that permit individuals to make cash from selling domains to end clients. If you sign up for such a program, you can launch your own personal online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more persons in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a webspace hosting CP where you can choose the prices for the various TLDs that the Registrar provides. Most corporations also provide billing software and site skins for your online store, and the automation of the whole procedure coupled with the proliferating demand for domain names render the domain reseller market niche so tempting. You will either obtain a pre-made web site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web site and order form. Usually, you have the option to select between the two options, so it all depends on how accomplished you are in these things. As a domain name reseller, you will operate under your very own brand and not under the Registrar's brand.
Earn Cash From Trading Site Hosting Packages Too
A proper addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who desire to build their web page and require both a domain name and a web page hosting plan. Some corporations offer such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing transaction software to charge your customers. You can then sell domain names and shared web hosting accounts to clients, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the world.