The Internet is an ever-growing network that offers new possibilities to gain cash on the Web. One of these opportunities is to be 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 functioning domain names, so this is an increasing trading niche that you can be engaged in.
TLDs and SLDs
A domain name involves two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name 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 domain names include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the prerequisites that each particular TLD may contain, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name resource records.
Earn Revenue From Selling Domain Names
Many Registrars have reseller programs that enable people to make money from selling domains to end clients. If you sign up for such a program, you can build your very own electronic business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more individuals in regional districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will obtain a web page hosting CP where you can set the prices for the separate top-level domain names that the Registrar provides. Most firms also offer invoicing transaction software and web design layouts for your virtual storefront, and the automation of the whole procedure combined with the increasing demand for domains render the domain name reseller market niche so desirable. You will either acquire a ready-made website and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web site and order form. Commonly, you have the opportunity to decide between the 2 possibilities, so it all revolves around how expert you are in these matters. As a domain reseller, you will sell under your very own trademark name and not on behalf of the Registrar's.
Make Revenue From Reselling Website Hosting Solutions Too
A perfect addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to customers who would like to set up their site and require both a domain and a web hosting account. A few corporations have such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free invoice management software to charge your customers. You can then offer domain names and shared hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.