The World Wide Web is an ever-expanding network that generates new ways to earn cash on the Internet. One of these ways is to become a domain reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of currently active domain names, so this is a thriving trading niche that you can be involved in.
TLDs and SLDs
A domain comprises 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each specific Top-Level Domain may involve, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS records.
Gain Cash From Selling Domains
Many Registrars have reseller programs that enable people to earn revenue from selling domains to end clients. If you register with such a program, you can begin your very own personal online business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more users in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Domain Names Under Your Very Own Brand
When you sign up for a domain reseller program, you will obtain a website hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide invoice transaction software and web layouts for your virtual storefront, and the automation of the entire procedure combined with the rising demand for domain names render the domain reseller industry so tempting. You will either acquire a turn-key website and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how trained you are in these things. As a domain name reseller, you will work on behalf of your very own personal trademark name and not under the Registrar's.
Earn Profit From Reselling Hosting Accounts Too
A proper supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to people who want to make their web portal and demand both a domain and a webspace hosting package. Given corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing management software to charge your clients. You can then sell Top-Level Domains and shared hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to people from all around the world.