The World Wide Web is an ever-enlarging network that delivers new possibilities to gain money on the Internet. One of these options is to become a domain reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domain names, so this is a blooming business niche that you can become involved in.
TLDs and SLDs
A domain is composed of two components - a top-level domain name (TLD) and a second-level domain name (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 Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may include, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain resource records.
Earn Money From Trading Domains
A lot of Registrars have reseller programs that allow people to gain revenue from selling domains to end clients. If you register with such a program, you can launch your very own Internet business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more people in regional districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you register with a domain name reseller program, you will have a web hosting CP where you can set the prices for the different TLDs that the Registrar provides. Most companies also provide billing transaction software and website themes for your web store, and the automation of the entire procedure together with the significant demand for domain names make the domain name reseller market so alluring. You will either get a pre-developed web site and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Generally, you have the option to pick between the two possibilities, so it all revolves around how experienced you are in these affairs. As a domain name reseller, you will work under your own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Trading Website Hosting Services Too
An appropriate addition to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to clients who want to create their online portal and require both a domain name and a site hosting package. Some companies provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to charge your customers. You can then offer domain names and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to people from all around the globe.