The Internet is an ever-developing community that provides new options to earn money on the Web. One of these options is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is a thriving trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is made of 2 constituents - 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 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 best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that signify 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 ccTLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each specific Top-Level Domain may contain, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to clients and administer all domain name resource records.
Earn Profit From Trading Domains
Numerous Registrars have reseller programs that allow people to make revenue from offering domain names to end clients. If you register with such a program, you can establish your very own Internet business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more people in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Domains On Behalf Of Your Own Brand Name
When you sign up for a domain reseller program, you will obtain a web space hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar provides. Most companies also offer billing software and website skins for your online store, and the automation of the entire procedure combined with the considerable demand for domains make the domain reseller business so attractive. You will either obtain a ready-made website and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Commonly, you have the opportunity to select between the two possibilities, so it all revolves around how proficient you are in these matters. As a domain reseller, you will operate on behalf of your own brand name and not under the Registrar's.
Make Cash From Trading Web Page Hosting Packages As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to individuals who desire to have their web site and require both a domain name and a hosting plan. A few companies supply such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing software to bill your customers. You can then offer top-level domain names and shared website hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.