The Internet is an ever-flourishing platform that supplies new opportunities to earn cash online. One of these possibilities is to be a domain name reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an expanding trading niche that you can become involved in.
TLDs and SLDs
A domain name is made of two constituents - 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 name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the requirements that each particular TLD may include, including the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name resource records.
Earn Cash From Trading Domain Names
Lots of Registrars have reseller programs that enable people to gain revenue from selling domain names to end clients. If you register with such a program, you can begin your own Internet business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more clients in regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will profit from 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.
Sell Top-Level Domains On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will obtain a hosting CP where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide invoice software and website themes for your web store, and the automation of the entire procedure together with the enormous demand for domains render the domain reseller business niche so desirable. You will either get a turn-key website and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Typically, you have the option to decide between the 2 alternatives, so it all revolves around how proficient you are in these matters. As a domain name reseller, you will do business on behalf of your very own personal brand name and not on behalf of the Registrar's.
Make Cash From Trading Webspace Hosting Services Too
A good supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to persons who would like to establish their web portal and need both a domain name and a web space hosting plan. Given firms supply such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to charge your customers. You can then sell domains and shared hosting packages to clients, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to customers from all over the globe.