The Internet is an ever-developing community that delivers new possibilities to make cash online. One of these options is to be a domain reseller and offer domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving trading niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of two entities - 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 name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each concrete top-level domain name may impose, among them the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS records.
Earn Cash From Reselling Domains
Multiple Registrars have reseller programs that enable people to earn revenue from offering domain names to end clients. If you subscribe to such a program, you can launch your very own personal online business. Commonly, 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 customers in regional communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell Domain Names On Behalf Of Your Personal Brand
When you register with a domain name reseller program, you will get a web space hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide invoice transaction software and templates for your web shop, and the automation of the whole procedure together with the vast demand for domains make the domain reseller business niche so attractive. You will either acquire a ready-made site and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and order form. Traditionally, you have the opportunity to pick between the 2 possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will do business under your own personal trademark name and not under the Registrar's.
Earn Revenue From Providing Web Space Hosting Accounts As Well
An excellent addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to clients who would like to launch their web site and need both a domain name and a webspace hosting account. A number of corporations have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing software to charge your customers. You can then sell domains and shared hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.