The Internet is an ever-enlarging system that generates new ways to earn money on the Web. One of these opportunities is to be a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is an enlarging business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name comprises 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that administers the registrations and determines the preconditions that each particular Top-Level Domain may have, like the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain name resource records.
Make Cash From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to make cash from selling domain names to end clients. If you register with such a program, you can establish your own personal Internet business. Typically, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more clients in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domains Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will get a Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide billing software and web design themes for your web store, and the automation of the whole process together with the enlarging demand for domain names render the domain name reseller industry so tempting. You will either have a pre-made site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal website and form for placing orders. Typically, you have the opportunity to pick between the two options, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand name and not under the Registrar's.
Gain Money From Offering Website Hosting Accounts Too
A sensible addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to individuals who desire to establish their website and require both a domain and a web hosting plan. Particular corporations have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoice software to bill your clients. You can then offer Top-Level Domains and shared hosting accounts to clients, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.