The Internet is an ever-growing network that generates new possibilities to make cash on the Internet. One of these ways is to become a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a thriving business niche that you can become engaged in.
TLDs and SLDs
A domain is made of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an organization that handles the registrations and sets the requirements that each given Top-Level Domain may include, such as the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain records.
Make Money From Reselling Domains
Lots of Registrars have reseller programs that permit individuals to earn cash from offering domain names to end customers. If you register with such a program, you can commence your own personal e-business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regional communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a web page hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide invoicing transaction software and site templates for your web storefront, and the automation of the whole process together with the immense demand for domains make the domain reseller business so alluring. You will either receive a pre-made site and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Normally, you have the opportunity to select between the 2 alternatives, so it all depends on how experienced you are in these issues. As a domain reseller, you will sell under your very own brand and not under the Registrar's.
Earn Profit From Providing Web Hosting Services As Well
A logical addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to individuals who wish to manage their website and demand both a domain name and a webspace hosting account. A number of firms have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.