The Internet is an ever-increasing community that delivers new ways to earn money on the Web. One of them is to be a domain name reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a thriving trading niche that you can become engaged in.
TLDs and SLDs
A domain contains 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name 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 TLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that deals with the registrations and sets the requirements that each specific top-level domain name may contain, among them the duration 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 offer the domain name to customers and administer all domain resource records.
Make Profit From Reselling Domain Names
Many Registrars have reseller programs that allow individuals to gain cash from offering domains to end clients. If you sign up for such a program, you can kick off your own electronic business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more persons in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will make a 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.
Trade Domains On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a web site hosting CP where you can choose the prices for the specific TLDs that the Registrar offers. Most corporations also provide billing management software and web design layouts for your online storefront, and the automation of the entire procedure combined with the towering demand for domains render the domain name reseller market niche so attractive. You will either get a ready-for-use site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web portal and order form. Generally, you have the option to choose between the two alternatives, so it all depends on how proficient you are in these things. As a domain reseller, you will work under your very own trademark name and not on behalf of the Registrar's.
Make Cash From Promoting Hosting Solutions Too
An excellent supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to users who would like to launch their site and demand both a domain and a website hosting plan. A number of firms offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to charge your customers. You can then offer top-level domain names and shared hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.