The Internet is an ever-enlarging system that offers new possibilities to gain cash online. One of them is to be a domain reseller and sell domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a thriving marketing niche that you can be a part of.
TLDs and SLDs
A domain consists of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the prerequisites that each specific Top-Level Domain may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS records.
Make Profit From Trading Domains
Multiple Registrars have reseller programs that permit individuals to earn revenue from selling domains to end customers. If you subscribe to such a program, you can commence your very own web business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more clients in local regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Domains Under Your Very Own Brand
When you register with a domain reseller program, you will receive a web page hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and design layouts for your online store, and the automation of the whole process together with the big demand for domain names render the domain reseller industry so tempting. You will either have a pre-built site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web site and order form. Typically, you have the option to pick between the 2 possibilities, so it all depends on how proficient you are in these issues. As a domain name reseller, you will sell on behalf of your own personal brand and not on behalf of the Registrar's brand.
Make Money From Trading Web Page Hosting Solutions As Well
A suitable supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to persons who want to launch their online portal and require both a domain name and a web hosting package. Given firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to charge your customers. You can then sell TLDs and shared web hosting accounts to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.