The Internet is an ever-growing system that offers new opportunities to make cash online. One of these opportunities is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is an increasing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is made of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-character abbreviations that correspond to each country. Instances of country-code Top-Level Domains 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 organization that is responsible for the registrations and sets the requirements that each specific top-level domain name may contain, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name records.
Gain Profit From Offering Domains
Multiple Registrars have reseller programs that allow individuals to gain revenue from selling domains to end users. If you subscribe to such a program, you can launch your very own personal web business. As a rule, 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 contact more people in regions or countries where the Registrar may not be famous at all. 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 requires for the domain name registration.
Sell Top-Level Domains Under Your Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a web space hosting Control Panel where you can fix the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide billing transaction software and design layouts for your online store, and the automation of the entire process coupled with the huge demand for domains make the domain reseller business niche so attractive. You will either obtain a ready-to-use web site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Normally, you have the option to choose between the 2 options, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will sell under your own personal brand and not on behalf of the Registrar's brand.
Earn Cash From Selling Web Page Hosting Solutions As Well
A nice addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to customers who want to establish their web page and demand both a domain name and a web hosting plan. Certain companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then offer top-level domain names and shared hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the globe.