The World Wide Web is an ever-increasing community that supplies new opportunities to earn cash on the Internet. One of these possibilities is to become a domain name reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each given TLD may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and administer all domain name records.
Make Cash From Offering Domain Names
A lot of Registrars have reseller programs that allow people to earn cash from offering domains to end clients. If you sign up for such a program, you can set up your very own personal e-business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more customers in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will get a site hosting Control Panel where you can select the prices for the specific top-level domain names that the Registrar offers. Most companies also provide invoice software and web site layouts for your online shop, and the automation of the entire process combined with the strong demand for domain names make the domain name reseller business so alluring. You will either have a pre-built website and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Typically, you have the option to pick between the 2 possibilities, so it all depends on how skillful you are in these affairs. As a domain reseller, you will do business under your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Promoting Webspace Hosting Plans As Well
A suitable supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to individuals who want to build their web portal and need both a domain and a web site hosting plan. Given companies offer such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to bill your clients. You can then offer top-level domain names and shared web hosting packages to clients, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.