The World Wide Web is an ever-expanding system that provides new ways to earn money online. One of these options is to become a domain reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is an increasing trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name includes 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-character abbreviations that signify each country. Examples 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, has a Registry - an institution that administers the registrations and sets the preconditions that each given Top-Level Domain may involve, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain name resource records.
Make Cash From Trading Domains
Multiple Registrars have reseller programs that enable individuals to make cash from selling domain names to end clients. If you sign up for such a program, you can set up your own personal e-business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more customers in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a web page hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer billing software and web design themes for your virtual storefront, and the automation of the whole process combined with the increasing demand for domains make the domain reseller market so desirable. You will either acquire a turn-key web site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Normally, you have the option to select between the two alternatives, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will sell under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Reselling Website Hosting Services As Well
A sensible supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to customers who wish to build their website and need both a domain name and a web page hosting package. Certain firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice transaction software to charge your customers. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to people from all around the world.