The World Wide Web is an ever-enlarging platform that delivers new options to make money online. One of these ways is to become a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is made of two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names 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 Domains comprise 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the preconditions that each given Top-Level Domain may involve, including the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and handle all DNS records.
Gain Revenue From Selling Domains
Multiple Registrars have reseller programs that allow people to gain cash from offering domains to end users. If you sign up for such a program, you can kickstart your very own personal Internet business. Usually, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more persons in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from 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.
Sell Top-Level Domains On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will have a hosting Control Panel where you can set the prices for the separate TLDs that the Registrar offers. Most firms also provide billing software and web site skins for your virtual store, and the automation of the whole procedure together with the huge demand for domains render the domain name reseller market so tempting. You will either acquire a pre-developed site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Generally, you have the option to choose between the 2 options, so it all depends on how trained you are in these things. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's.
Gain Profit From Promoting Webspace Hosting Services Too
An appropriate supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to individuals who desire to build their web site and require both a domain and a web space hosting account. Given firms supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice management software to charge your clients. You can then sell Top-Level Domains and shared web hosting accounts to clients, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.