The Internet is an ever-flourishing network that offers new options to earn money on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a flowering business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name includes 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the requirements that each specific Top-Level Domain may contain, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS resource records.
Make Cash From Offering Domain Names
Many Registrars have reseller programs that permit people to earn cash from selling domains to end customers. If you sign up for such a program, you can establish your own personal Internet business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more users in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domains Under Your Own Personal Brand Name
When you register with a domain reseller program, you will obtain a web site hosting CP where you can set the prices for the various Top-Level Domains that the Registrar provides. Most corporations also provide invoice management software and site themes for your web shop, and the automation of the entire procedure combined with the enlarging demand for domain names make the domain name reseller business niche so seductive. You will either obtain a pre-built site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own site and order form. Traditionally, you have the option to decide between the two options, so it all depends on how skillful you are in these matters. As a domain reseller, you will work under your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Reselling Webspace Hosting Packages As Well
An appropriate addition to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to persons who want to create their web page and require both a domain name and a web page hosting plan. A few corporations have such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice management software to charge your customers. You can then sell TLDs and shared hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the globe.