The World Wide Web is an ever-enlarging platform that furnishes new possibilities to gain money on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end clients, generating revenue 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 domain names, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain consists of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-letter abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete TLD may impose, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name records.
Earn Cash From Reselling Domain Names
A lot of Registrars have reseller programs that enable individuals to make profit from selling domains to end customers. If you register with such a program, you can build your own personal Internet business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more customers in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Personal Brand
When you subscribe to a domain name reseller program, you will get a web site hosting Control Panel where you can select the prices for the specific top-level domain names that the Registrar provides. Most firms also offer invoice software and web page themes for your virtual store, and the automation of the entire process coupled with the enlarging demand for domains render the domain name reseller market so tempting. You will either have a pre-made site and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and order form. Typically, you have the option to choose between the two options, so it all depends on how advanced you are in these matters. As a domain reseller, you will work under your own brand and not under the Registrar's.
Gain Cash From Selling Web Space Hosting Accounts Too
A good addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to people who wish to launch their website and require both a domain and a web site hosting package. Certain corporations have such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free billing management software to bill your clients. You can then offer top-level domain names and shared hosting packages to customers, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to users from all around the globe.