The Internet is an ever-expanding network that provides new possibilities to gain cash on the Internet. One of these opportunities is to be a domain reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is an enlarging business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain 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 name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-letter abbreviations that correspond to each country. Examples 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 or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete top-level domain name may involve, like the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name resource records.
Earn Profit From Offering Domain Names
Plenty of Registrars have reseller programs that permit individuals to earn money from selling domain names to end clients. If you subscribe to such a program, you can establish your very own personal e-business. Generally, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more clients in local communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Domains On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a hosting CP where you can set the prices for the separate TLDs that the Registrar provides. Most firms also offer billing management software and skins for your web store, and the automation of the whole procedure together with the enlarging demand for domains make the domain name reseller market so alluring. You will either get a turn-key site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own site and order form. Traditionally, you have the opportunity to decide between the 2 possibilities, so it all depends on how accomplished you are in these things. As a domain name reseller, you will do business under your very own brand and not under the Registrar's brand.
Make Money From Providing Hosting Solutions Too
An excellent addition to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to clients who want to have their site and demand both a domain name and a site hosting plan. A number of companies 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 charge-free invoice software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the world.