The World Wide Web is an ever-developing network that provides new opportunities to earn cash online. One of these possibilities is to become a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a growing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is composed of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each given Top-Level Domain may entail, like the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain name records.
Gain Profit From Trading Domain Names
Many Registrars have reseller programs that enable individuals to gain profit from offering domain names to end customers. If you sign up for such a program, you can begin your very own personal online business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more people in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Domains On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will acquire a Control Panel where you can determine the prices for the specific top-level domain names that the Registrar provides. Most firms also offer billing software and web skins for your online shop, and the automation of the entire process combined with the flourishing demand for domain names render the domain reseller market so attractive. You will either receive a ready-to-use site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Commonly, you have the option to pick between the 2 alternatives, so it all depends on how accomplished you are in these issues. As a domain name reseller, you will do business under your own personal brand name and not under the Registrar's.
Make Revenue From Offering Web Hosting Solutions As Well
A relevant supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to clients who wish to run their web site and demand both a domain name and a webspace hosting plan. Particular corporations offer such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your clients. You can then sell domains and shared website hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the globe.