The World Wide Web is an ever-increasing network that furnishes new possibilities to earn money on the Internet. One of these opportunities is to be a domain reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a growing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain is made of two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the requirements that each given top-level domain name may impose, such as the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain name records.
Earn Cash From Trading Domains
Multiple Registrars have reseller programs that allow individuals to earn revenue from offering domains to end users. If you subscribe to such a program, you can commence your very own personal Internet business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more individuals in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domain Names Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will acquire a web hosting CP where you can set the prices for the different top-level domain names that the Registrar offers. Most firms also provide invoicing software and website skins for your virtual storefront, and the automation of the whole procedure coupled with the large demand for domain names make the domain reseller industry so desirable. You will either obtain a ready-made web site and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web portal and form for placing orders. Generally, you have the option to pick between the 2 possibilities, so it all depends on how advanced you are in these matters. As a domain name reseller, you will do business on behalf of your own personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Trading Site Hosting Plans As Well
A proper addition to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to persons who would like to establish their web portal and need both a domain name and a web hosting package. Given firms provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to charge your clients. You can then sell domains and shared web hosting accounts to clients, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.