The World Wide Web is an ever-increasing community that furnishes new possibilities to earn money on the Internet. One of them is to become a domain name reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a flourishing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name consists of two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain 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 Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each given TLD may involve, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS resource records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that permit people to make cash from offering domain names to end customers. If you register with such a program, you can initiate your very own Internet business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more persons in regional districts or countries where the Registrar may not be famous whatsoever. 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 client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names Under Your Very Own Brand Name
When you register with a domain name reseller program, you will have a hosting CP where you can determine the prices for the various TLDs that the Registrar provides. Most firms also offer billing management software and web design themes for your online shop, and the automation of the entire procedure together with the enlarging demand for domain names render the domain reseller business so alluring. You will either acquire a ready-to-use website 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 build your very own web portal and order form. Typically, you have the option to pick between the two alternatives, so it all depends on how advanced you are in these matters. As a domain reseller, you will do business under your very own brand and not under the Registrar's brand.
Make Profit From Reselling Web Hosting Plans As Well
An adequate addition to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to individuals who desire to launch their site and need both a domain name and a web hosting account. Some corporations have such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your clients. You can then sell top-level domain names and shared hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.