The World Wide Web is an ever-increasing community that offers new possibilities to make cash on the Web. One of them is to become a domain name reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name includes 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that manages the registrations and determines the requirements that each specific top-level domain name may entail, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually offer the domain name to clients and manage all DNS records.
Make Revenue From Trading Domains
Lots of Registrars have reseller programs that enable people to earn cash from offering domains to end users. If you register with such a program, you can commence your own personal Internet business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can contact more individuals in provinces or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web space hosting CP where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer invoice transaction software and templates for your web storefront, and the automation of the entire process coupled with the increasing demand for domain names make the domain reseller business so alluring. You will either acquire a turn-key site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal site and form for placing orders. Generally, you have the option to pick between the two alternatives, so it all revolves around how advanced you are in these issues. As a domain reseller, you will sell under your personal brand name and not on behalf of the Registrar's brand.
Make Profit From Supplying Hosting Solutions As Well
A good addition to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to persons who desire to create their web site and require both a domain name and a web hosting package. A number of firms supply such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free billing software to bill your customers. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.