The World Wide Web is an ever-increasing community that furnishes new opportunities to earn cash on the Web. One of these opportunities is to be a domain reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a growing business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name contains two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the requirements that each specific top-level domain name may have, like the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain resource records.
Gain Cash From Selling Domain Names
Multiple Registrars have reseller programs that allow people to make money from offering domains to end users. If you subscribe to such a program, you can begin your very own personal online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more customers in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will earn 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.
Trade Top-Level Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will obtain a site hosting Control Panel where you can set the prices for the separate TLDs that the Registrar offers. Most firms also provide invoice management software and web page themes for your online storefront, and the automation of the whole process combined with the enlarging demand for domain names make the domain reseller business so seductive. You will either obtain a turn-key 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 set up your very own portal and order form. Normally, you have the opportunity to pick between the two possibilities, so it all depends on how skilled you are in these issues. As a domain name reseller, you will sell on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Gain Profit From Promoting Site Hosting Solutions As Well
A perfect addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to users who would like to create their online portal and need both a domain name and a web space hosting account. A number of firms supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to charge your customers. You can then sell domain names and shared web hosting packages to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to people from all over the world.