The Internet is an ever-growing network that provides new possibilities to gain cash on the Web. One of these opportunities is to be a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that denote 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 name or a country-code one, has a Registry - an organization that tackles the registrations and determines the preconditions that each particular TLD may entail, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name resource records.
Make Cash From Selling Domain Names
Many Registrars have reseller programs that enable people to gain revenue from offering domains to end clients. If you subscribe to such a program, you can build your very own personal web business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize 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.
Resell Domain Names Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will acquire a webspace hosting Control Panel where you can settle the prices for the specific TLDs that the Registrar offers. Most firms also offer invoice software and web site layouts for your online shop, and the automation of the entire procedure together with the huge demand for domain names make the domain name reseller market so seductive. You will either receive a ready-made website and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and order form. Typically, you have the opportunity to choose between the two possibilities, so it all revolves around how practiced you are in these matters. As a domain name reseller, you will do business on behalf of your personal brand and not under the Registrar's brand.
Make Cash From Offering Web Space Hosting Services As Well
A reasonable supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to individuals who desire to establish their web page and require both a domain name and a hosting plan. Given companies supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to bill your customers. You can then offer TLDs and shared hosting plans to customers, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to users from all around the world.