The Internet is an ever-enlarging platform that generates new options to earn cash on the Web. One of these options is to be a domain reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domains, so this is an increasing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is made of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an organization that handles the registrations and determines the requirements that each concrete TLD may include, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and handle all domain records.
Earn Money From Reselling Domains
A lot of Registrars have reseller programs that enable individuals to earn money from offering domains to end users. If you register with such a program, you can set up your own e-business. Generally, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more clients in regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will obtain a web site hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoice management software and layouts for your virtual store, and the automation of the entire procedure together with the flourishing demand for domains render the domain name reseller business so desirable. You will either obtain a pre-built website and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal portal and order form. Commonly, you have the opportunity to decide between the two alternatives, so it all depends on how advanced you are in these matters. As a domain name reseller, you will do business under your very own trademark name and not under the Registrar's.
Gain Cash From Reselling Site Hosting Accounts As Well
A logical addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who wish to have their site and require both a domain name and a web page hosting account. A few companies supply such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing software to bill your clients. You can then sell Top-Level Domains and shared hosting plans to clients, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the world.