The World Wide Web is an ever-growing system that offers new options to earn cash on the Web. One of these opportunities is to be a domain name reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is an expanding business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that denote each country. Instances of country-code TLDs 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 tackles the registrations and determines the requirements that each given top-level domain name may contain, among them the length of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain name records.
Make Revenue From Trading Domain Names
Numerous Registrars have reseller programs that allow people to gain profit from offering domain names to end users. If you subscribe to such a program, you can kick off your own e-business. Generally, 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 customer. The reason is that resellers can reach more users in local regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties 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 registration.
Resell TLDs On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will obtain a web hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice software and web design templates for your online storefront, and the automation of the whole process together with the strong demand for domains make the domain reseller market niche so attractive. You will either obtain a pre-developed web site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal site and form for placing orders. Typically, you have the opportunity to pick between the 2 options, so it all revolves around how trained you are in these issues. As a domain reseller, you will do business on behalf of your personal brand name and not on behalf of the Registrar's brand.
Gain Cash From Reselling Site Hosting Solutions As Well
A reasonable supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to persons who would like to develop their web site and demand both a domain and a web site hosting package. A number of firms offer such options. With 'ResellersPanel', for example, you can buy a Virtual Private 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 domain names and shared website hosting plans to clients, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.