The Internet is an ever-increasing network that delivers new possibilities to make money on the Web. One of these options is to be a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name involves two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each concrete top-level domain name may impose, including the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain name records.
Earn Cash From Selling Domains
Many Registrars have reseller programs that allow people to make cash from selling domain names to end customers. If you subscribe to such a program, you can begin your own personal Internet business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can reach more users in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a web space hosting Control Panel where you can choose the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer invoice management software and web site themes for your online storefront, and the automation of the whole process coupled with the swelling demand for domain names render the domain reseller market niche so seductive. You will either obtain a turn-key website and utilize the Registrar system 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. Usually, you have the option to decide between the two alternatives, so it all depends on how proficient you are in these matters. As a domain reseller, you will operate on behalf of your own personal brand and not on behalf of the Registrar's brand.
Gain Money From Offering Web Page Hosting Services As Well
A good addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to people who want to launch their online portal and demand both a domain name and a hosting plan. A number of companies offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then offer top-level domain names and shared website hosting accounts to customers, and since they offer many different domain extensions, you will be able to offer domain and hosting services to persons from all over the globe.