The World Wide Web is an ever-flourishing network that furnishes new opportunities to make money online. One of these possibilities is to be a domain 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. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a blossoming marketing niche that you can become engaged in.
TLDs and SLDs
A domain name consists of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-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 gTLD or a ccTLD, has a Registry - an organization that deals with the registrations and sets the requirements that each concrete top-level domain name may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to customers and handle all DNS records.
Make Cash From Offering Domain Names
Plenty of Registrars have reseller programs that enable people to earn cash from selling domain names to end customers. If you register with such a program, you can build your very own personal e-business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more customers in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will have a web site hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoicing transaction software and website skins for your virtual store, and the automation of the whole procedure coupled with the swelling demand for domain names make the domain reseller market so desirable. You will either get a pre-developed web 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 own personal portal and form for placing orders. Commonly, you have the option to select between the two options, so it all depends on how skilled you are in these affairs. As a domain reseller, you will do business under your very own trademark name and not under the Registrar's.
Make Money From Trading Website Hosting Services Too
A logical addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to people who would like to have their web portal and demand both a domain and a web page hosting package. Given firms provide such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing transaction software to charge your clients. You can then sell TLDs and shared web hosting packages to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.