The Internet is an ever-flourishing platform that provides new options to make money on the Internet. One of these ways is to be a domain reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a growing business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-character abbreviations that stand for 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 top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each specific top-level domain name may involve, among them the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain resource records.
Earn Money From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to gain profit from selling domains to end users. If you sign up for such a program, you can initiate your very own personal Internet business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more clients in regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will earn a profit 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 name registration.
Trade Top-Level Domains Under Your Very Own Brand Name
When you register with a domain name reseller program, you will obtain a website hosting Control Panel where you can settle the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and design skins for your virtual storefront, and the automation of the whole procedure coupled with the considerable demand for domains make the domain reseller business niche so alluring. You will either have a ready-for-use web site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web page and form for placing orders. Normally, you have the option to pick between the two options, so it all depends on how trained you are in these things. As a domain reseller, you will work under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Cash From Trading Web Space Hosting Packages As Well
An excellent supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to persons who would like to make their web site and demand both a domain and a web page hosting plan. Particular corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to charge your clients. You can then sell Top-Level Domains and shared web hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.