The World Wide Web is an ever-expanding platform that provides new options to gain cash online. One of these opportunities is to be a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name includes two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and determines the preconditions that each given top-level domain name may involve, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and manage all domain name resource records.
Make Revenue From Offering Domains
Multiple Registrars have reseller programs that enable individuals to gain money from selling domains to end clients. If you register with such a program, you can establish your own personal e-business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more users in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domain Names On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will have a website hosting CP where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide invoice transaction software and website templates for your virtual storefront, and the automation of the entire procedure coupled with the growing demand for domains make the domain name reseller industry so desirable. You will either have a ready-made website and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Usually, you have the option to pick between the two possibilities, so it all depends on how trained you are in these matters. As a domain name reseller, you will do business on behalf of your own trademark name and not under the Registrar's.
Gain Money From Trading Web Site Hosting Solutions As Well
A proper supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to users who want to develop their web site and need both a domain name and a site hosting package. A few corporations offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then offer domain names and shared hosting plans to customers, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to clients from all around the globe.