The World Wide Web is an ever-flourishing system that supplies new ways to earn cash on the Web. One of these ways is to be a domain name reseller and sell domains to end customers, generating profit 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 functioning domains, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain includes two components - 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the preconditions that each concrete TLD may entail, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS resource records.
Make Profit From Offering Domains
Plenty of Registrars have reseller programs that enable people to make profit from selling domains to end users. If you sign up for such a program, you can build your own Internet business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more people in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Very Own Trademark Name
When you sign up for a domain reseller program, you will receive a webspace hosting CP where you can settle the prices for the various TLDs that the Registrar offers. Most companies also provide invoicing software and web page templates for your web shop, and the automation of the whole process coupled with the flourishing demand for domain names make the domain name reseller business so attractive. You will either have a ready-made website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal online portal and form for placing orders. Generally, you have the opportunity to select between the 2 possibilities, so it all depends on how proficient you are in these issues. As a domain reseller, you will work on behalf of your own personal brand name and not under the Registrar's brand.
Earn Revenue From Reselling Web Space Hosting Accounts Too
A logical supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to customers who wish to have their web site and need both a domain name and a webspace hosting plan. Some corporations supply such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free billing software to charge your customers. You can then offer domains and shared hosting packages to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to clients from all around the globe.