The Internet is an ever-increasing community that supplies new ways to make money on the Web. One of these possibilities is to become a domain reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domains, so this is an expanding trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name contains two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an organization that deals with the registrations and determines the prerequisites that each particular top-level domain name may include, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain name resource records.
Make Money From Selling Domains
Numerous Registrars have reseller programs that allow individuals to gain profit from selling domains to end users. If you subscribe to such a program, you can commence your own Internet business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more users in local communities or countries where the Registrar may not be known 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 user pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a web page hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar provides. Most companies also offer invoicing software and site templates for your virtual store, and the automation of the entire procedure coupled with the big demand for domains make the domain name reseller market so tempting. You will either acquire a pre-developed web site and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and form for placing orders. Normally, you have the option to decide between the two possibilities, so it all revolves around how skillful you are in these things. As a domain name reseller, you will work under your personal trademark name and not on behalf of the Registrar's.
Earn Revenue From Selling Web Hosting Plans As Well
A relevant addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to persons who desire to have their site and require both a domain and a web hosting account. Particular firms supply such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to charge your clients. You can then sell Top-Level Domains and shared web hosting plans to clients, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to clients from all around the world.