The World Wide Web is an ever-flourishing community that provides new possibilities to earn money online. One of these options is to be a domain reseller and offer domains to end clients, earning 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 millions of presently functioning domains, so this is a blossoming marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that correspond to each country. Examples of ccTLDs 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 is responsible for the registrations and determines the preconditions that each given TLD may entail, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain resource records.
Gain Profit From Trading Domain Names
Lots of Registrars have reseller programs that enable people to gain money from selling domains to end clients. If you sign up for such a program, you can kick off your very own electronic business. Typically, 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 customer. The cause is that resellers can contact more users in areas or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will get a webspace hosting Control Panel where you can select the prices for the separate top-level domain names that the Registrar provides. Most companies also offer invoicing software and website templates for your virtual storefront, and the automation of the entire procedure combined with the rising demand for domain names render the domain name reseller industry so seductive. You will either have a ready-for-use site and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Normally, you have the option to select between the 2 options, so it all depends on how proficient you are in these issues. As a domain name reseller, you will work on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Make Cash From Reselling Web Space Hosting Packages Too
A proper addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to customers who wish to build their web site and require both a domain and a web site hosting package. A few corporations furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free billing management software to charge your customers. You can then sell domain names and shared web hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.