The World Wide Web is an ever-flourishing community that generates new ways to earn cash on the Internet. One of these possibilities is to be a domain reseller and sell domain names to end users, earning 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 domain names, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name includes 2 entities - 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 Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that stand for 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 generic Top-Level Domain or a country-code one, has a Registry - an organization that administers the registrations and sets the preconditions that each specific Top-Level Domain may involve, like the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Earn Profit From Trading Domains
Lots of Registrars have reseller programs that enable people to gain profit from offering domains to end users. If you subscribe to such a program, you can commence your own e-business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more clients in regional communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you sign up for a domain reseller program, you will have a website hosting CP where you can select the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer invoice management software and site layouts for your web storefront, and the automation of the entire process combined with the growing demand for domains make the domain reseller business niche so alluring. You will either obtain a ready-to-use site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Generally, you have the opportunity to choose between the two options, so it all depends on how skilled you are in these things. As a domain name reseller, you will operate on behalf of your very own personal brand name and not under the Registrar's brand.
Make Profit From Supplying Web Site Hosting Solutions Too
A nice addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to persons who want to develop their web page and demand both a domain name and a hosting plan. Some corporations provide 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 invoice software to bill your customers. You can then offer TLDs and shared web hosting packages 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.