The Internet is an ever-growing community that furnishes new possibilities to gain cash on the Internet. One of these possibilities is to become a domain reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is made of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
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 popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific TLD may include, including the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to clients and manage all domain records.
Gain Cash From Trading Domains
Lots of Registrars have reseller programs that enable individuals to make revenue from selling domain names to end users. If you subscribe to such a program, you can set up your very own personal electronic business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more clients in regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domain Names Under Your Personal Brand
When you register with a domain name reseller program, you will receive a web hosting CP where you can fix the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoice management software and web site themes for your web shop, and the automation of the whole procedure combined with the strong demand for domains make the domain name reseller market so desirable. You will either obtain a pre-made site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal site and form for placing orders. Usually, you have the option to decide between the 2 alternatives, so it all depends on how advanced you are in these things. As a domain name reseller, you will operate on behalf of your very own trademark name and not under the Registrar's brand.
Earn Money From Trading Web Space Hosting Accounts As Well
A reasonable addition to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to individuals who want to make their web page and require both a domain name and a hosting plan. Some firms supply 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 free billing management software to bill your clients. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to individuals from all over the globe.