The World Wide Web is an ever-enlarging community that delivers new options to make cash on the Internet. One of these ways is to be a domain reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a blossoming marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves two parts - 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 name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each given Top-Level Domain may involve, like the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name records.
Earn Money From Trading Domains
Multiple Registrars have reseller programs that permit individuals to gain cash from offering domain names to end users. If you subscribe to such a program, you can kickstart your very own personal electronic business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more people in regional communities or states where the Registrar may not be known whatsoever. 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 customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will acquire a web site hosting Control Panel where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and skins for your virtual store, and the automation of the whole process combined with the towering demand for domains make the domain reseller market so attractive. You will either acquire a turn-key site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Typically, you have the opportunity to pick between the two possibilities, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Selling Web Site Hosting Services Too
A relevant supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to users who would like to establish their web site and need both a domain name and a hosting package. Certain firms have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to charge your clients. You can then sell Top-Level Domains and shared web hosting accounts to clients, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to clients from all over the globe.