The Internet is an ever-expanding community that offers new possibilities to gain money on the Web. One of these options is to become a domain name reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is an increasing trading niche that you can become a part of.
TLDs and SLDs
A domain name involves two parts - a Top-Level Domain (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 SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each particular top-level domain name may contain, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain name records.
Gain Money From Reselling Domain Names
Multiple Registrars have reseller programs that allow individuals to gain profit from offering domain names to end clients. If you sign up for such a program, you can build your own Internet business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more persons in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a web hosting Control Panel where you can set the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and web site templates for your web shop, and the automation of the whole procedure together with the flourishing demand for domains make the domain reseller market so desirable. You will either acquire a ready-for-use site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web site and form for placing orders. Normally, you have the option to choose between the 2 options, so it all depends on how trained you are in these issues. As a domain reseller, you will do business on behalf of your very own brand name and not under the Registrar's.
Make Profit From Offering Web Page Hosting Solutions As Well
A sensible supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to clients who would like to run their web portal and require both a domain name and a web page hosting account. Given companies have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then sell top-level domain names and shared web hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.