The World Wide Web is an ever-flourishing network that generates new options to gain cash on the Internet. One of these possibilities is to become a domain reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is an enlarging trading niche that you can become a part of.
TLDs and SLDs
A domain is made of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each concrete Top-Level Domain may involve, among them the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS resource records.
Gain Money From Trading Domain Names
Plenty of Registrars have reseller programs that enable individuals to make money from selling domain names to end clients. If you sign up for such a program, you can start your very own personal Internet business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more customers in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names On Behalf Of Your Own Trademark Name
When you sign up for a domain name reseller program, you will obtain a web space hosting CP where you can set the prices for the various TLDs that the Registrar provides. Most firms also offer billing transaction software and website templates for your web shop, and the automation of the whole procedure together with the considerable demand for domain names make the domain name reseller industry so tempting. You will either have a pre-built website and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Normally, you have the option to decide between the 2 options, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will sell under your own brand and not on behalf of the Registrar's.
Make Revenue From Supplying Site Hosting Accounts Too
A good addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to individuals who would like to establish their web site and need both a domain name and a web hosting plan. Particular firms have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing transaction software to charge your clients. You can then offer domain names and shared web hosting accounts to customers, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.