The World Wide Web is an ever-developing system that provides new opportunities to earn cash on the Web. One of these ways is to be a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is an expanding trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-character abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that deals with the registrations and determines the requirements that each given Top-Level Domain may have, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain records.
Gain Money From Selling Domain Names
A lot of Registrars have reseller programs that allow people to make profit from offering domain names to end clients. If you register with such a program, you can start your very own personal e-business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more users in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains Under Your Very Own Brand Name
When you register with a domain name reseller program, you will acquire a site hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar offers. Most corporations also offer invoicing software and web design skins for your online shop, and the automation of the whole process together with the enormous demand for domains make the domain name reseller market niche so desirable. You will either receive a ready-made website and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own portal and form for placing orders. Usually, you have the opportunity to choose between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain name reseller, you will operate on behalf of your personal brand name and not under the Registrar's brand.
Make Revenue From Supplying Webspace Hosting Plans As Well
A perfect addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to clients who wish to set up their web site and need both a domain name and a web page hosting account. Certain corporations provide such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice management software to charge your clients. You can then sell domains and shared web hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the globe.