The Internet is an ever-increasing community that delivers new opportunities to earn cash on the Internet. One of these possibilities is to be a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a blooming trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the prerequisites that each concrete top-level domain name may impose, such as the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name records.
Gain Cash From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to gain revenue from selling domains to end customers. If you subscribe to such a program, you can kickstart your own personal e-business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more users in provinces or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides 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 name registration.
Offer TLDs On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will receive a hosting CP where you can choose the prices for the individual top-level domain names that the Registrar offers. Most companies also provide invoice software and website layouts for your web store, and the automation of the whole process together with the big demand for domains render the domain reseller industry so desirable. You will either obtain a pre-made website and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own online portal and order form. Normally, you have the opportunity to choose between the two possibilities, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will sell under your very own personal brand and not on behalf of the Registrar's brand.
Gain Money From Reselling Website Hosting Plans Too
An excellent supplement to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to individuals who want to create their site and need both a domain name and a website hosting account. A few companies supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to charge your clients. You can then offer domains and shared website hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.