The World Wide Web is an ever-increasing system that provides new opportunities to earn money online. One of these opportunities is to be a domain reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is a flowering business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain comprises two parts - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that handles the registrations and determines the prerequisites that each concrete TLD may entail, like 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 customers and manage all DNS resource records.
Make Cash From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to earn profit from selling domain names to end customers. If you register with such a program, you can commence your own personal Internet business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more customers in areas or states where the Registrar may not be known 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 user pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will receive a website hosting Control Panel where you can set the prices for the various top-level domain names that the Registrar provides. Most corporations also provide invoicing software and site layouts for your online shop, and the automation of the entire procedure coupled with the towering demand for domains make the domain reseller market so attractive. You will either acquire a pre-made site and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Commonly, you have the option to pick between the two possibilities, so it all depends on how expert you are in these things. As a domain reseller, you will operate on behalf of your very own brand name and not on behalf of the Registrar's.
Gain Money From Offering Web Page Hosting Accounts Too
A perfect addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to people who wish to run their website and demand both a domain and a web page hosting account. Certain companies have such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to charge your customers. You can then sell Top-Level Domains and shared web hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.