The Internet is an ever-flourishing community that delivers new options to gain money online. One of these options is to become a domain name reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is an increasing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is composed of 2 constituents - a top-level domain name (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 Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the preconditions that each given TLD may include, including the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name records.
Make Revenue From Selling Domain Names
Numerous Registrars have reseller programs that enable people to earn cash from selling domains to end users. If you register with such a program, you can launch your very own Internet business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more users in regional districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will earn a profit 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 registration.
Offer Domains On Behalf Of Your Very Own Trademark Name
When you register with a domain reseller program, you will acquire a web site hosting CP where you can settle the prices for the separate TLDs that the Registrar provides. Most corporations also offer invoicing software and web themes for your online shop, and the automation of the entire procedure together with the expanding demand for domain names make the domain name reseller business niche so desirable. You will either obtain a ready-to-use site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web site and order form. Typically, you have the option to choose between the 2 possibilities, so it all depends on how skillful you are in these things. As a domain name reseller, you will work on behalf of your personal trademark name and not under the Registrar's brand.
Earn Revenue From Trading Website Hosting Services As Well
A suitable supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to persons who desire to manage their site and demand both a domain and a web space hosting account. Given corporations provide such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to charge your clients. You can then sell Top-Level Domains and shared web hosting accounts to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.