The World Wide Web is an ever-enlarging community that generates new ways to make money on the Web. One of these possibilities is to be a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is an increasing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name contains two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the preconditions that each specific top-level domain name may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain records.
Gain Profit From Offering Domains
Numerous Registrars have reseller programs that permit people to earn money from offering domains to end customers. If you subscribe to such a program, you can commence your own electronic business. Regularly, a domain name will cost less 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 customers in provinces or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit 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 name registration.
Trade Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain name reseller program, you will obtain a web site hosting CP where you can determine the prices for the various TLDs that the Registrar offers. Most corporations also offer invoice software and design themes for your virtual shop, and the automation of the entire process together with the high demand for domain names make the domain name reseller market niche so attractive. You will either receive a ready-made website and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web site and order form. Commonly, you have the option to select between the 2 options, so it all depends on how skilled you are in these things. As a domain reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's.
Gain Money From Selling Web Page Hosting Solutions Too
An adequate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to clients who want to create their web portal and need both a domain and a hosting plan. Some companies provide such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing transaction software to charge your clients. You can then sell TLDs and shared website hosting accounts to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.