The Internet is an ever-expanding platform that provides new opportunities to make cash on the Internet. One of these ways is to be a domain name reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every 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 trading niche that you can be involved in.
TLDs and SLDs
A domain includes 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".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 gTLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and determines the requirements that each specific TLD may have, like the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and handle all DNS resource records.
Make Revenue From Reselling Domains
A lot of Registrars have reseller programs that permit individuals to make profit from offering domains to end customers. If you register with such a program, you can build your very own personal electronic business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more people in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains Under Your Own Trademark Name
When you sign up for a domain reseller program, you will receive a web site hosting CP where you can settle the prices for the separate top-level domain names that the Registrar provides. Most firms also offer invoicing software and website themes for your web store, and the automation of the whole procedure together with the significant demand for domain names render the domain name reseller business so tempting. You will either have a pre-made web site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web page and form for placing orders. Commonly, you have the option to decide between the 2 alternatives, so it all depends on how practiced you are in these matters. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's brand.
Make Profit From Selling Web Site Hosting Solutions Too
A logical supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to customers who would like to create their website and require both a domain name and a web hosting account. Particular companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to bill your customers. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.