The Internet is an ever-growing community that offers new options to make money on the Web. One of these options is to be a domain name reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing trading niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of 2 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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-letter abbreviations that denote each country. Instances 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 handles the registrations and determines the prerequisites that each given Top-Level Domain may entail, 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 in fact offer the domain name to clients and manage all domain resource records.
Make Money From Offering Domains
Lots of Registrars have reseller programs that permit people to make revenue from offering domain names to end clients. If you subscribe to such a program, you can build your very own web business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more persons in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell Domains On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will acquire a web space hosting CP where you can fix the prices for the various top-level domain names that the Registrar provides. Most corporations also provide billing management software and design layouts for your virtual store, and the automation of the entire process together with the enlarging demand for domain names make the domain name reseller industry so attractive. You will either obtain a ready-to-use web site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal website and form for placing orders. Typically, you have the opportunity to select between the two options, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will operate on behalf of your own personal brand and not under the Registrar's brand.
Earn Profit From Promoting Web Hosting Solutions As Well
An excellent addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to people who wish to create their web portal and demand both a domain and a web hosting account. Given companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your clients. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the globe.