The Internet is an ever-developing system that generates new options to earn money on the Internet. One of these possibilities is to be a domain reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that administers the registrations and determines the requirements that each particular TLD may impose, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain name resource records.
Gain Revenue From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to gain money from offering domain names to end customers. If you sign up for such a program, you can set up your own personal Internet business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more clients in local districts or states where the Registrar may not be popular 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 customer pays and the one that the Registrar levies for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a webspace hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most corporations also offer invoice software and web design themes for your online storefront, and the automation of the entire process combined with the enlarging demand for domain names make the domain name reseller market so attractive. You will either get a turn-key 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 create your very own personal web site and order form. Typically, you have the opportunity to select between the two alternatives, so it all revolves around how trained you are in these things. As a domain reseller, you will work on behalf of your personal trademark name and not on behalf of the Registrar's.
Make Cash From Promoting Website Hosting Packages Too
A reasonable supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who want to make their website and demand both a domain name and a web page hosting package. A few firms furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to charge your customers. You can then offer domains and shared web hosting accounts to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.