The World Wide Web is an ever-developing platform that offers new options to earn cash on the Internet. One of these opportunities is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a blooming trading niche that you can be involved in.
TLDs and SLDs
A domain comprises two components - a top-level domain name (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 name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each particular TLD may include, such as the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS records.
Earn Money From Trading Domain Names
Multiple Registrars have reseller programs that allow people to gain cash from selling domain names to end customers. If you register with such a program, you can launch your very own Internet business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more users in areas or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Sell Domain Names Under Your Own Brand Name
When you sign up for a domain name reseller program, you will obtain a webspace hosting Control Panel where you can select the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer billing software and site layouts for your online store, and the automation of the whole process coupled with the great demand for domain names make the domain name reseller business niche so alluring. You will either obtain a ready-to-use website and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web portal and order form. Traditionally, you have the opportunity to select between the 2 alternatives, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will operate under your own personal brand and not under the Registrar's.
Gain Cash From Providing Hosting Packages Too
A nice supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to persons who would like to build their web site and need both a domain name and a hosting account. Given corporations supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your clients. You can then sell TLDs and shared hosting packages to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to users from all around the world.