The Internet is an ever-enlarging network that furnishes new opportunities to earn cash on the Internet. One of these opportunities is to be a domain name reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is a blooming trading niche that you can be engaged in.
TLDs and SLDs
A domain involves 2 entities - a Top-Level Domain (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 SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the requirements that each particular Top-Level Domain may have, like the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and administer all domain records.
Make Cash From Trading Domain Names
Many Registrars have reseller programs that enable people to gain revenue from selling domain names to end users. If you register with such a program, you can commence your own personal electronic business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more customers in regions or countries where the Registrar may not be famous whatsoever. 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 user pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide billing software and design templates for your web store, and the automation of the entire process coupled with the high demand for domains render the domain reseller market niche so alluring. You will either receive a pre-built site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Generally, you have the option to decide between the two alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will operate under your very own personal brand and not on behalf of the Registrar's brand.
Gain Cash From Reselling Web Hosting Plans Too
A logical addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who wish to develop their web page and require both a domain and a web space hosting plan. Some companies furnish such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your customers. You can then offer domain names and shared website hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.