The World Wide Web is an ever-flourishing network that generates new opportunities to gain money on the Web. One of these options is to become a domain reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blooming trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain contains 2 constituents - a top-level domain name (TLD) and a second-level domain name (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 TLDs can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific TLD may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain name records.
Earn Cash From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to make revenue from selling domain names to end clients. If you subscribe to such a program, you can kickstart your very own online business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more customers in regions or countries where the Registrar may not be known 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 client pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domains Under Your Very Own Brand
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and website layouts for your online storefront, and the automation of the entire process together with the high demand for domain names render the domain reseller business so desirable. You will either obtain a pre-made website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own online portal and form for placing orders. Normally, you have the opportunity to choose between the 2 possibilities, so it all depends on how trained you are in these affairs. As a domain name reseller, you will work under your own trademark name and not on behalf of the Registrar's.
Make Cash From Providing Website Hosting Plans As Well
A logical addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to users who would like to establish their web site and need both a domain and a web space hosting plan. Given companies offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to bill your customers. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to clients from all around the world.