The World Wide Web is an ever-enlarging system that delivers new ways to earn cash online. One of these possibilities is to become a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is an expanding trading niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of two parts - 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 SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that handles the registrations and determines the preconditions that each concrete TLD may include, like the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and administer all DNS records.
Gain Money From Reselling Domains
Lots of Registrars have reseller programs that allow individuals to earn revenue from selling domains to end customers. If you sign up for such a program, you can begin your very own web business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more persons in regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade Domain Names On Behalf Of Your Very Own 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 separate TLDs that the Registrar provides. Most corporations also offer invoice software and web site templates for your virtual shop, and the automation of the entire procedure combined with the large demand for domains render the domain name reseller market so alluring. You will either have a pre-made web site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web site and form for placing orders. Generally, you have the opportunity to select between the 2 possibilities, so it all depends on how experienced you are in these issues. As a domain reseller, you will work under your very own brand name and not under the Registrar's.
Make Cash From Promoting Web Hosting Packages As Well
A reasonable addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to customers who would like to create their web site and demand both a domain name and a hosting package. Some firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then sell TLDs and shared website hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the world.