The World Wide Web is an ever-increasing platform that delivers new opportunities to make cash online. One of these possibilities is to be a domain reseller and offer domain names to end users, making profit 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 1 000 000's of currently active domains, so this is a blossoming trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that manages the registrations and sets the requirements that each given TLD may contain, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and handle all DNS records.
Make Revenue From Reselling Domains
Multiple Registrars have reseller programs that permit people to gain cash from offering domain names to end customers. If you sign up for such a program, you can launch your own Internet business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more clients in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade TLDs Under Your Own Brand
When you subscribe to a domain name reseller program, you will receive a web site hosting Control Panel where you can choose the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoicing software and website layouts for your virtual shop, and the automation of the entire procedure coupled with the flourishing demand for domain names make the domain name reseller market niche so desirable. You will either obtain a ready-for-use site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web portal and order form. Normally, you have the opportunity to decide between the 2 alternatives, so it all depends on how expert you are in these matters. As a domain reseller, you will operate under your own personal brand name and not on behalf of the Registrar's.
Make Money From Providing Site Hosting Plans Too
A reasonable supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to customers who want to create their online portal and need both a domain and a website hosting plan. Certain companies provide such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to charge your clients. You can then sell top-level domain names and shared website hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to users from all over the world.