The Internet is an ever-expanding network that provides new opportunities to earn cash on the Web. One of these options is to be a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a blossoming business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name contains 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that tackles the registrations and sets the preconditions that each specific Top-Level Domain may contain, such as the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain resource records.
Earn Cash From Trading Domains
Multiple Registrars have reseller programs that enable individuals to earn money from offering domain names to end users. If you subscribe to such a program, you can establish your very own personal online business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more individuals in regional communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Trade TLDs Under Your Very Own Brand
When you subscribe to a domain reseller program, you will have a hosting Control Panel where you can determine the prices for the separate TLDs that the Registrar provides. Most companies also provide invoice transaction software and web design skins for your online store, and the automation of the whole procedure coupled with the great demand for domain names render the domain name reseller business niche so desirable. You will either get a pre-built web site and use 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 own personal site and form for placing orders. Generally, you have the option to choose between the two alternatives, so it all revolves around how skilled you are in these affairs. As a domain reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Offering Web Site Hosting Plans Too
A perfect supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to users who desire to develop their website and require both a domain and a web space hosting plan. Particular firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing software to charge your clients. You can then sell TLDs and shared web hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all over the world.