The World Wide Web is an ever-increasing platform that supplies new options to make cash on the Web. One of these ways is to become a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is an expanding trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name comprises two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-letter abbreviations that represent 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 country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the preconditions that each specific TLD may include, including the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain resource records.
Make Profit From Selling Domain Names
Plenty of Registrars have reseller programs that permit people to gain cash from offering domains to end users. If you register with such a program, you can set up your own personal web business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more users in areas or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Own Trademark Name
When you register with a domain reseller program, you will have a webspace hosting Control Panel where you can set the prices for the specific top-level domain names that the Registrar offers. Most companies also provide invoice software and site layouts for your online store, and the automation of the entire procedure coupled with the swelling demand for domains render the domain name reseller business niche so tempting. You will either obtain a ready-for-use site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal website and order form. Normally, you have the opportunity to select between the 2 options, so it all revolves around how trained you are in these affairs. As a domain reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's.
Earn Cash From Offering Site Hosting Accounts As Well
A suitable addition to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to individuals who wish to launch their online portal and need both a domain name and a website hosting account. Given companies offer 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 invoice transaction software to bill your clients. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all over the globe.