The World Wide Web is an ever-developing network that offers new opportunities to gain cash online. One of these options is to be a domain reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domains, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name includes 2 pieces - a Top-Level Domain (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.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each particular Top-Level Domain may involve, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain records.
Gain Revenue From Trading Domain Names
A lot of Registrars have reseller programs that allow individuals to earn profit from offering domain names to end customers. If you sign up for such a program, you can set up your own personal web business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more people in local communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will acquire a site hosting CP where you can settle the prices for the specific top-level domain names that the Registrar provides. Most companies also offer invoice transaction software and web design templates for your virtual store, and the automation of the entire process coupled with the proliferating demand for domain names make the domain name reseller market niche so seductive. You will either have a pre-made website and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web page and order form. Traditionally, you have the opportunity to pick between the two alternatives, so it all depends on how advanced you are in these things. As a domain name reseller, you will work on behalf of your personal trademark name and not under the Registrar's brand.
Gain Cash From Reselling Webspace Hosting Packages Too
A reasonable addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to persons who desire to create their site and need both a domain name and a web page hosting package. Particular corporations offer 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 name reseller account and cost-free billing management software to charge your clients. You can then sell domains and shared website hosting plans to customers, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to clients from all around the globe.