The Internet is an ever-growing system that offers new ways to make cash on the Internet. One of them is to be a domain name reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is an enlarging business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain 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 famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the prerequisites that each concrete Top-Level Domain may include, such as the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS records.
Gain Cash From Selling Domain Names
Many Registrars have reseller programs that permit people to earn revenue from offering domains to end users. If you sign up for such a program, you can start your very own web business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more persons in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a website hosting CP where you can settle the prices for the various Top-Level Domains that the Registrar offers. Most firms also provide billing management software and web page themes for your online storefront, and the automation of the whole process together with the big demand for domain names render the domain reseller market niche so seductive. You will either acquire a ready-for-use site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal website and order form. Traditionally, you have the option to select between the 2 options, so it all depends on how accomplished you are in these matters. As a domain name reseller, you will do business under your personal brand and not under the Registrar's.
Make Profit From Providing Web Site Hosting Packages As Well
An adequate supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to individuals who want to establish their site and need both a domain name and a site hosting package. Certain companies offer such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing software to charge your clients. You can then sell TLDs and shared website hosting packages to customers, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to clients from all over the world.