The World Wide Web is an ever-expanding community that supplies new possibilities to earn money on the Internet. One of these options is to be a domain reseller and sell domain names to end customers, generating 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 1 000 000's of presently active domains, so this is a thriving trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the preconditions that each given Top-Level Domain may impose, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS resource records.
Make Cash From Selling Domain Names
Lots of Registrars have reseller programs that allow individuals to gain money from offering domains to end users. If you register with such a program, you can establish your very own electronic business. Generally, 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 client. The reason is that resellers can reach more people in regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell TLDs On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will have a web site hosting Control Panel where you can choose the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoicing transaction software and site skins for your web storefront, and the automation of the whole process together with the growing demand for domain names render the domain name reseller industry so desirable. You will either receive a ready-made website and make use of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Generally, you have the opportunity to decide between the 2 possibilities, so it all depends on how advanced you are in these issues. As a domain name reseller, you will do business on behalf of your own brand name and not on behalf of the Registrar's.
Earn Profit From Reselling Web Site Hosting Packages As Well
A good addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to individuals who want to develop their web portal and need both a domain name and a web site hosting account. Some corporations provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to charge your customers. You can then offer top-level domain names and shared website hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.