The World Wide Web is an ever-increasing community that furnishes new ways to gain money on the Web. One of these options is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domains, so this is a blooming trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each particular TLD may impose, including the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name resource records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that enable individuals to make revenue from selling domain names to end users. If you sign up for such a program, you can begin your very own e-business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more persons in regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Domain Names Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will have a site hosting CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also offer invoicing software and web themes for your web storefront, and the automation of the whole process together with the immense demand for domain names render the domain name reseller market so tempting. You will either receive a pre-built website and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web portal and form for placing orders. Normally, you have the opportunity to decide between the two possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will sell on behalf of your own trademark name and not under the Registrar's brand.
Earn Revenue From Reselling Hosting Plans As Well
An appropriate supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to clients who want to run their web page and demand both a domain name and a web page hosting plan. Particular corporations provide such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to bill your clients. You can then sell Top-Level Domains and shared hosting plans to customers, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.