The Internet is an ever-increasing system that offers new possibilities to earn cash on the Internet. One of these possibilities is to become a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a blossoming trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains 2 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 SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that administers the registrations and determines the preconditions that each concrete top-level domain name may impose, such as 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 in fact sell the domain name to clients and handle all domain name records.
Earn Revenue From Offering Domain Names
Multiple Registrars have reseller programs that allow people to earn profit from offering domains to end users. If you subscribe to such a program, you can set up your own personal online business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can reach more users in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Domain Names Under Your Own Brand
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can choose the prices for the individual top-level domain names that the Registrar provides. Most corporations also offer invoice management software and website skins for your virtual store, and the automation of the entire process combined with the huge demand for domain names make the domain name reseller market so tempting. You will either acquire a pre-made site 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 make your own personal web site and order form. Commonly, you have the option to decide between the two options, so it all revolves around how experienced you are in these affairs. As a domain name reseller, you will operate on behalf of your personal brand and not under the Registrar's.
Earn Profit From Trading Webspace Hosting Solutions As Well
A nice addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to people who desire to set up their web page and demand both a domain name and a web site hosting package. A few corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to charge your customers. You can then sell domain names and shared web hosting packages to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to customers from all around the globe.