The Internet is an ever-expanding network that offers new possibilities to gain cash on the Internet. One of these opportunities is to become a domain name reseller and offer domain names to end users, generating 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 active domain names, so this is a flowering trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain consists of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take 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 gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that represent each country. Instances 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 Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each concrete Top-Level Domain may involve, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain name records.
Make Cash From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to earn profit from offering domains to end clients. If you register with such a program, you can establish your own web business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more customers in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Domains Under Your Very Own Personal Brand
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can determine the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and web skins for your web storefront, and the automation of the entire process coupled with the significant demand for domain names render the domain name reseller market niche so tempting. You will either acquire a pre-built website and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Generally, you have the option to choose between the 2 possibilities, so it all depends on how trained you are in these issues. As a domain name reseller, you will operate under your own personal brand and not under the Registrar's.
Make Cash From Trading Website Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to customers who wish to manage their web portal and demand both a domain name and a web space hosting account. Some firms furnish such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice transaction software to bill your clients. You can then offer domains and shared website hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.