The World Wide Web is an ever-flourishing platform that supplies new options to earn cash online. One of these opportunities is to become a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is composed of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and determines the requirements that each given top-level domain name may involve, among them the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and handle all DNS resource records.
Gain Cash From Reselling Domains
Many Registrars have reseller programs that enable people to make revenue from selling domains to end users. If you sign up for such a program, you can start your very own electronic business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more customers in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will get a Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most companies also offer invoicing software and web site templates for your virtual storefront, and the automation of the whole process together with the proliferating demand for domains make the domain reseller industry so alluring. You will either acquire a ready-to-use web site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and form for placing orders. Generally, you have the opportunity to select between the two possibilities, so it all depends on how skilled you are in these matters. As a domain reseller, you will sell under your own personal brand name and not on behalf of the Registrar's brand.
Gain Revenue From Reselling Webspace Hosting Solutions As Well
A relevant addition to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to clients who want to create their website and demand both a domain name and a website hosting plan. Some corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to bill your clients. You can then offer TLDs and shared hosting packages to customers, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.