The World Wide Web is an ever-expanding system that generates new options to earn money on the Web. One of these opportunities is to be a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of presently functioning domains, so this is an enlarging trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name contains 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each given TLD may have, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain records.
Earn Profit From Offering Domain Names
Lots of Registrars have reseller programs that permit individuals to make cash from offering domains to end users. If you register with such a program, you can begin your own Internet business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more people in local communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a website hosting CP where you can determine the prices for the various top-level domain names that the Registrar offers. Most companies also offer invoice software and design skins for your web shop, and the automation of the entire process combined with the strong demand for domain names render the domain name reseller industry so seductive. You will either get a ready-to-use site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal site and order form. Commonly, you have the opportunity to choose between the two options, so it all revolves around how expert you are in these issues. As a domain name reseller, you will work under your own personal brand and not on behalf of the Registrar's brand.
Gain Revenue From Trading Webspace Hosting Plans Too
A proper supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who would like to create their web portal and demand both a domain and a web site hosting plan. Certain firms offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to charge your customers. You can then sell domains and shared web hosting packages to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.