The World Wide Web is an ever-expanding community that offers new opportunities to make cash on the Internet. One of them is to be a domain name reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domain names, so this is an increasing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name consists of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that deals with the registrations and determines the requirements that each specific top-level domain name may involve, including the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain name records.
Earn Money From Trading Domain Names
Numerous Registrars have reseller programs that allow people to make cash from offering domain names to end customers. If you register with such a program, you can begin your very own personal online business. Normally, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more people in local regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domains Under Your Own Brand Name
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can set the prices for the various TLDs that the Registrar provides. Most companies also offer invoice transaction software and site themes for your virtual storefront, and the automation of the entire process coupled with the strong demand for domains make the domain reseller business so desirable. You will either obtain a pre-made website and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Generally, you have the opportunity to decide between the 2 possibilities, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will work under your personal brand name and not on behalf of the Registrar's brand.
Earn Cash From Trading Web Site Hosting Solutions Too
A perfect supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to users who wish to launch their web site and demand both a domain and a web hosting plan. Certain companies furnish 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 cost-free billing software to charge your customers. You can then sell top-level domain names and shared web hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.