The Internet is an ever-enlarging system that provides new options to make cash online. One of these possibilities is to be a domain reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a developing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain consists of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each given top-level domain name may have, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain name records.
Gain Revenue From Selling Domains
Lots of Registrars have reseller programs that allow individuals to earn cash from selling domains to end clients. If you sign up for such a program, you can kick off your very own online business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more persons in local communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Domains On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will get a web site hosting Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and website skins for your online storefront, and the automation of the entire process combined with the swelling demand for domains make the domain reseller business so tempting. You will either have a pre-developed web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web site and order form. Typically, you have the opportunity to select between the 2 options, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will work on behalf of your very own personal trademark name and not under the Registrar's.
Gain Cash From Trading Site Hosting Plans Too
An excellent addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to individuals who would like to launch their web portal and require both a domain and a website hosting account. Some corporations provide such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing software to bill your clients. You can then sell TLDs and shared web hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.