The World Wide Web is an ever-increasing platform that delivers new possibilities to earn money on the Internet. One of these options is to become a domain name reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a developing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name consists of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain 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 top-level domain names include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-character abbreviations that correspond to each country. Instances 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 Top-Level Domain, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete top-level domain name may contain, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS records.
Make Money From Reselling Domains
Lots of Registrars have reseller programs that allow individuals to make profit from offering domains to end clients. If you subscribe to such a program, you can commence your own personal e-business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more customers in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Own Brand Name
When you sign up for a domain reseller program, you will acquire a site hosting Control Panel where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and website themes for your virtual store, and the automation of the whole procedure together with the enormous demand for domains render the domain name reseller business so tempting. You will either get a ready-made web site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal site and form for placing orders. Generally, you have the opportunity to pick between the two alternatives, so it all revolves around how trained you are in these issues. As a domain reseller, you will sell under your very own personal trademark name and not under the Registrar's brand.
Earn Profit From Providing Web Site Hosting Plans Too
A relevant addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to customers who want to make their online portal and require both a domain name and a hosting package. A few companies supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to bill your customers. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to individuals from all over the world.