The Internet is an ever-developing community that delivers new possibilities to earn money on the Web. One of them is to become a domain reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name involves 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 TLDs can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-character abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the preconditions that each specific Top-Level Domain may have, such as the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS resource records.
Make Money From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to earn money from offering domain names to end clients. If you subscribe to such a program, you can build your own electronic business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more clients in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Domains Under Your Personal Brand
When you register with a domain reseller program, you will obtain a webspace hosting CP where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer billing software and web skins for your web storefront, and the automation of the entire process coupled with the large demand for domain names make the domain reseller business so tempting. You will either have a pre-made site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web page and order form. Generally, you have the option to pick between the two possibilities, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will do business under your very own personal trademark name and not under the Registrar's.
Earn Profit From Providing Hosting Accounts As Well
A suitable addition to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to individuals who desire to run their site and demand both a domain name and a web site hosting package. Particular firms supply such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your clients. You can then offer domains and shared website hosting plans to customers, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.