The Internet is an ever-increasing community that supplies new possibilities to make cash on the Web. One of these ways is to be a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a flourishing trading niche that you can become a part of.
TLDs and SLDs
A domain name includes two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
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 widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each specific top-level domain name may entail, such as the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS resource records.
Make Profit From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to earn money from selling domains to end clients. If you register with such a program, you can establish your own personal e-business. Typically, 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 customers in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will capitalize on 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.
Sell Domains On Behalf Of Your Very Own Trademark Name
When you sign up for a domain reseller program, you will acquire a web hosting CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer billing transaction software and web page skins for your online store, and the automation of the whole procedure coupled with the enormous demand for domains make the domain reseller market so seductive. You will either have a pre-built website and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Usually, you have the option to pick between the two possibilities, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will work on behalf of your very own brand name and not under the Registrar's.
Earn Revenue From Promoting Web Hosting Packages Too
A logical supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to users who want to run their site and need both a domain and a website hosting package. A number of companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all around the world.