The Internet is an ever-enlarging community that offers new ways to gain money on the Web. One of these options is to be a domain reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become involved in.
TLDs and SLDs
A domain name involves two pieces - 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 SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 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 gTLD or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the prerequisites that each given Top-Level Domain may involve, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain name records.
Make Cash From Selling Domains
Lots of Registrars have reseller programs that allow individuals to make profit from selling domain names to end clients. If you subscribe to such a program, you can begin your own electronic business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more individuals in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell TLDs On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will receive a web hosting Control Panel where you can choose the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer invoice software and web design themes for your web store, and the automation of the whole process together with the strong demand for domain names render the domain name reseller market niche so desirable. You will either receive a ready-to-use website and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal online portal and order form. Usually, you have the option to choose between the two possibilities, so it all revolves around how experienced you are in these affairs. As a domain name reseller, you will operate under your very own brand and not on behalf of the Registrar's brand.
Make Money From Offering Website Hosting Solutions As Well
A sensible supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to clients who want to build their web portal and need both a domain name and a web site hosting package. Some firms supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to charge your customers. You can then offer domains and shared web hosting packages to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.