The World Wide Web is an ever-flourishing system that furnishes new ways to earn cash on the Web. One of these options is to be a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is an increasing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take 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 TLDs can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the prerequisites that each specific top-level domain name may include, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all DNS records.
Gain Money From Offering Domains
Lots of Registrars have reseller programs that allow individuals to earn cash from selling domains to end clients. If you sign up for such a program, you can launch your own electronic business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more individuals in regional communities or states where the Registrar may not be known whatsoever. 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 name registration.
Offer TLDs Under Your Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a website hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer billing management software and themes for your online shop, and the automation of the whole process coupled with the strong demand for domains make the domain reseller market so alluring. You will either have a pre-built site and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Typically, you have the option to choose between the two alternatives, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will do business under your own trademark name and not on behalf of the Registrar's brand.
Make Revenue From Offering Webspace Hosting Plans Too
A reasonable 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 would like to run their online portal and demand both a domain name and a webspace hosting package. A few corporations supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to bill your customers. You can then offer top-level domain names and shared hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.