The Internet is an ever-enlarging system that generates new ways to make cash on the Web. One of them is to become a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail cost 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 a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that tackles the registrations and determines the preconditions that each particular top-level domain name may involve, like the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain records.
Make Cash From Trading Domain Names
Lots of Registrars have reseller programs that permit people to earn money from offering domain names to end customers. If you sign up for such a program, you can kickstart your own web business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more customers in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domains Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a web site hosting CP where you can select the prices for the different top-level domain names that the Registrar offers. Most corporations also provide invoice management software and web site themes for your web shop, and the automation of the entire process combined with the high demand for domains render the domain name reseller business so seductive. You will either receive a pre-developed web site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Normally, you have the option to choose between the 2 options, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will sell on behalf of your own trademark name and not under the Registrar's.
Earn Cash From Reselling Website Hosting Accounts Too
A reasonable addition to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to customers who desire to develop their website and need both a domain name and a site hosting plan. Particular corporations furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice software to bill your customers. You can then offer domain names and shared website hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the world.