The Internet is an ever-developing network that provides new possibilities to make cash on the Web. One of these possibilities is to become a domain reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is a thriving trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the prerequisites that each given Top-Level Domain may have, including the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain resource records.
Make Money From Trading Domain Names
Multiple Registrars have reseller programs that allow individuals to gain revenue from offering domain names to end customers. If you subscribe to such a program, you can establish your own personal Internet business. Typically, a domain name will be cheaper 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 users in local regions or states where the Registrar may not be known whatsoever. 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 levies for the domain registration.
Sell Top-Level Domains On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will have a webspace hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most firms also provide invoicing transaction software and web site layouts for your web shop, and the automation of the entire process together with the flourishing demand for domain names render the domain name reseller market niche so alluring. You will either receive a ready-made web site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own online portal and form for placing orders. Usually, you have the option to choose between the two options, so it all depends on how accomplished you are in these issues. As a domain reseller, you will operate on behalf of your own brand and not under the Registrar's brand.
Gain Money From Promoting Website Hosting Services As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who want to set up their online portal and demand both a domain name and a web space hosting account. Given firms furnish such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing transaction software to bill your clients. You can then sell TLDs and shared hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.