The World Wide Web is an ever-enlarging system that generates new possibilities to make cash on the Internet. One of these possibilities is to be a domain reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is an expanding marketing niche that you can be engaged in.
TLDs and SLDs
A domain contains 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the preconditions that each concrete Top-Level Domain may entail, among them the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to clients and administer all domain name records.
Make Money From Trading Domains
Multiple Registrars have reseller programs that enable people to earn profit from selling domains to end customers. If you sign up for such a program, you can begin your very own e-business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more customers in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Trade Domains Under Your Very Own Personal Brand
When you register with a domain reseller program, you will have a web page hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and website themes for your web shop, and the automation of the entire process combined with the big demand for domain names make the domain name reseller market niche so attractive. You will either receive a pre-built site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Typically, you have the option to select between the 2 alternatives, so it all revolves around how expert you are in these things. As a domain name reseller, you will work under your personal brand and not on behalf of the Registrar's brand.
Gain Cash From Providing Web Space Hosting Packages Too
An appropriate addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to customers who want to develop their online portal and require both a domain and a webspace hosting account. A number of companies provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice transaction software to bill your customers. You can then sell top-level domain names and shared hosting packages to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.