The Internet is an ever-growing community that delivers new possibilities to earn cash on the Internet. One of these ways is to be a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain consists of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an organization that tackles the registrations and sets the preconditions that each concrete Top-Level Domain may have, like the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name resource records.
Gain Profit From Reselling Domain Names
A lot of Registrars have reseller programs that enable individuals to earn profit from selling domains to end customers. If you register with such a program, you can set up your own online business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more users in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell TLDs Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web hosting Control Panel where you can set the prices for the individual top-level domain names that the Registrar provides. Most companies also provide billing management software and web site skins for your web store, and the automation of the whole process coupled with the expanding demand for domain names render the domain name reseller business so tempting. You will either have a turn-key site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own online portal and order form. Normally, you have the opportunity to decide between the 2 options, so it all depends on how proficient you are in these issues. As a domain name reseller, you will do business under your own brand and not on behalf of the Registrar's.
Gain Money From Reselling Web Space Hosting Services As Well
A sensible supplement to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to people who want to build their web portal and require both a domain name and a web site hosting plan. A few companies have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing transaction software to charge your customers. You can then sell Top-Level Domains and shared hosting packages to customers, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.