The World Wide Web is an ever-expanding community that supplies new possibilities to earn cash on the Internet. One of these options is to be a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and 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 engaged in.
Top-Level and Second-Level Domains
A domain name is made of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the requirements that each specific Top-Level Domain may impose, like the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS resource records.
Make Money From Selling Domains
Lots of Registrars have reseller programs that enable individuals to make cash from offering domain names to end users. If you register with such a program, you can build your own personal electronic business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more users in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Trade Domain Names On Behalf Of Your Own Brand
When you sign up for a domain name reseller program, you will receive a Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer invoice software and web templates for your web storefront, and the automation of the whole process coupled with the vast demand for domain names make the domain name reseller business so tempting. You will either get a ready-for-use web site and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web portal and form for placing orders. Generally, you have the option to decide between the 2 options, so it all revolves around how skillful you are in these things. As a domain reseller, you will do business on behalf of your very own trademark name and not under the Registrar's brand.
Gain Money From Offering Webspace Hosting Services Too
An appropriate supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to clients who would like to establish their site and demand both a domain and a website hosting account. A few firms furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to charge your clients. You can then offer domains and shared hosting packages to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.