The World Wide Web is an ever-flourishing network that generates new options to gain cash on the Internet. One of them is to be a domain reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every 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 includes 2 constituents - a Top-Level Domain (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.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the requirements that each concrete top-level domain name may involve, including the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain name records.
Gain Cash From Offering Domains
Plenty of Registrars have reseller programs that permit people to gain money from selling domains to end clients. If you sign up for such a program, you can begin your own web business. Usually, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more users in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell Domains On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will have a web hosting CP where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide billing management software and web site layouts for your web shop, and the automation of the entire procedure combined with the strong demand for domain names make the domain name reseller industry so alluring. You will either acquire a ready-made web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Typically, you have the option to pick between the 2 alternatives, so it all depends on how proficient you are in these matters. As a domain name reseller, you will operate under your own personal trademark name and not under the Registrar's brand.
Make Profit From Reselling Web Site Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to persons who want to manage their web page and demand both a domain name and a web hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing software to charge your customers. You can then sell domain names and shared web hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the globe.