The Internet is an ever-growing network that supplies new ways to earn money online. One of them is to become a domain name 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. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a blossoming business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-letter abbreviations that denote 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 or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular TLD may involve, like the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and manage all domain resource records.
Gain Money From Selling Domains
Numerous Registrars have reseller programs that allow people to gain cash from selling domain names to end users. If you subscribe to such a program, you can initiate your own e-business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more individuals in areas or countries where the Registrar may not be famous 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 charges for the domain registration.
Trade Domains On Behalf Of Your Very Own Brand
When you sign up for a domain name reseller program, you will get a web page hosting Control Panel where you can set the prices for the various TLDs that the Registrar offers. Most corporations also offer invoice software and web layouts for your virtual store, and the automation of the entire procedure coupled with the enormous demand for domains make the domain name reseller market niche so seductive. You will either get a turn-key site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal portal and order form. Traditionally, you have the option to decide between the 2 alternatives, so it all depends on how expert you are in these affairs. As a domain reseller, you will do business on behalf of your own personal brand name and not under the Registrar's.
Gain Money From Reselling Hosting Packages Too
A nice supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to customers who want to create their site and require both a domain and a website hosting package. Particular firms provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing management software to bill your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all over the world.