The Internet is an ever-flourishing network that provides new possibilities to earn cash on the Web. One of these ways is to become a domain reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each particular TLD may contain, including the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS records.
Gain Money From Trading Domains
Numerous Registrars have reseller programs that enable individuals to make profit from offering domain names to end clients. If you subscribe to such a program, you can kick off your own personal online business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more persons in local regions or states where the Registrar may not be popular at all. This implies 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 customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domains Under Your Very Own Personal Brand
When you register with a domain reseller program, you will have a webspace hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar provides. Most companies also offer invoice software and website themes for your virtual store, and the automation of the whole process coupled with the considerable demand for domain names make the domain name reseller business niche so seductive. You will either receive a ready-for-use website and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web site and form for placing orders. Normally, you have the option to pick between the 2 possibilities, so it all depends on how skilled you are in these matters. As a domain reseller, you will work under your very own brand and not under the Registrar's.
Make Profit From Promoting Website Hosting Accounts Too
An adequate addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to customers who desire to manage their online portal and need both a domain name and a web site hosting account. Given firms provide such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to charge your customers. You can then sell TLDs and shared web hosting accounts to customers, and since they provide many different domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.