The Internet is an ever-expanding community that supplies new possibilities to earn cash on the Internet. One of these possibilities is to be a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domains, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain contains two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that handles the registrations and determines the requirements that each particular TLD may have, among them the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name records.
Earn Profit From Trading Domain Names
A lot of Registrars have reseller programs that permit people to earn cash from offering domains to end users. If you subscribe to such a program, you can start your own personal electronic business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more persons in local districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell TLDs Under Your Personal Trademark Name
When you register with a domain name reseller program, you will acquire a website hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most companies also offer billing software and design templates for your online store, and the automation of the entire procedure coupled with the vast demand for domain names render the domain name reseller industry so attractive. You will either acquire a pre-built web site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Generally, you have the opportunity to decide between the two options, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will sell under your own brand name and not on behalf of the Registrar's.
Earn Cash From Supplying Website Hosting Accounts Too
A perfect supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to users who want to make their online portal and demand both a domain name and a web hosting plan. Certain companies have such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing transaction software to charge your clients. You can then sell domains and shared website hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all over the globe.