The Internet is an ever-enlarging system that offers new possibilities to earn cash on the Internet. One of these possibilities is to be a domain reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is a blooming trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of two pieces - a Top-Level Domain (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 Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character abbreviations that correspond to each country. Instances of country-code top-level domain names 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 TLD, has a Registry - an institution that handles the registrations and determines the prerequisites that each concrete top-level domain name may impose, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain records.
Earn Profit From Trading Domain Names
Numerous Registrars have reseller programs that enable individuals to earn money from offering domain names to end customers. If you sign up for such a program, you can set up your own online business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can reach more clients in regional districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will have a web page hosting CP where you can fix the prices for the different top-level domain names that the Registrar offers. Most corporations also offer billing transaction software and web page templates for your online shop, and the automation of the whole procedure coupled with the proliferating demand for domain names render the domain name reseller market niche so seductive. You will either have a ready-for-use web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own web site and order form. Traditionally, you have the option to choose between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will work under your own personal brand and not on behalf of the Registrar's brand.
Make Money From Providing Web Site Hosting Solutions As Well
An appropriate supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to individuals who desire to make their website and require both a domain and a website hosting account. A number of firms supply such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to charge your clients. You can then sell TLDs and shared web hosting plans to clients, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to people from all around the world.