The World Wide Web is an ever-flourishing network that supplies new opportunities to earn money on the Internet. One of these possibilities is to be a domain reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
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 conventional domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that tackles the registrations and sets the prerequisites that each concrete TLD may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and administer all DNS resource records.
Gain Cash From Selling Domains
Lots of Registrars have reseller programs that permit people to gain profit from selling domain names to end customers. If you sign up for such a program, you can initiate your very own e-business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more clients in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domains Under Your Own Brand Name
When you subscribe to a domain reseller program, you will acquire a web site hosting Control Panel where you can choose the prices for the different Top-Level Domains that the Registrar offers. Most firms also offer invoice transaction software and web design skins for your online store, and the automation of the entire process together with the considerable demand for domain names make the domain reseller business so desirable. You will either get a ready-for-use site and avail of 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 personal online portal and form for placing orders. Typically, you have the opportunity to choose between the 2 possibilities, so it all revolves around how trained you are in these matters. As a domain name reseller, you will work under your personal trademark name and not on behalf of the Registrar's.
Earn Cash From Supplying Web Page Hosting Packages Too
A reasonable supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to customers who want to manage their web page and need both a domain name and a web space hosting plan. Some firms furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to bill your clients. You can then sell domain names and shared hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.