The World Wide Web is an ever-developing platform that supplies new options to make money online. One of these possibilities is to be a domain reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domains, so this is a flowering business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 pieces - 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 name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-letter 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 or a country-code one, has a Registry - an organization that administers the registrations and determines the preconditions that each concrete TLD may entail, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name records.
Make Profit From Trading Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn profit from selling domain names to end customers. If you subscribe to such a program, you can start your own personal e-business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more persons in regional districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Resell TLDs Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will receive a web hosting Control Panel where you can set the prices for the various top-level domain names that the Registrar offers. Most companies also provide invoice management software and site themes for your online store, and the automation of the entire procedure coupled with the expanding demand for domain names make the domain name reseller market so seductive. You will either receive a pre-made web site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Commonly, you have the opportunity to pick between the two options, so it all depends on how accomplished you are in these things. As a domain reseller, you will do business under your own personal brand name and not under the Registrar's brand.
Make Cash From Trading Web Space Hosting Solutions As Well
A nice supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to individuals who want to develop their web portal and need both a domain name and a web page hosting account. A few firms supply such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing transaction software to bill your clients. You can then sell domain names and shared website hosting accounts to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the globe.