The World Wide Web is an ever-increasing network that delivers new opportunities to gain cash on the Web. One of these ways is to be a domain name reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a flourishing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name involves 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".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 generic Top-Level Domains include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each specific TLD may contain, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain name records.
Make Profit From Trading Domain Names
Many Registrars have reseller programs that enable individuals to earn profit from offering domains to end clients. If you subscribe to such a program, you can kickstart your very own personal electronic business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more customers in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will have a web page hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide invoice software and web page themes for your online shop, and the automation of the entire procedure together with the expanding demand for domains make the domain reseller business so desirable. You will either obtain a ready-for-use site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Traditionally, you have the opportunity to decide between the two possibilities, so it all depends on how skillful you are in these issues. As a domain name reseller, you will operate on behalf of your personal brand and not under the Registrar's brand.
Gain Revenue From Offering Website Hosting Solutions Too
A logical addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to customers who would like to develop their website and demand both a domain name and a website hosting package. Certain corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing transaction software to charge your customers. You can then offer Top-Level Domains and shared hosting plans to clients, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to persons from all over the globe.