The Internet is an ever-increasing network that delivers new options to make money on the Web. One of them is to be a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a developing trading niche that you can be involved in.
TLDs and SLDs
A domain name includes 2 constituents - 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 name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each given Top-Level Domain may involve, including the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain resource records.
Make Cash From Offering Domains
A lot of Registrars have reseller programs that permit people to make cash from offering domain names to end users. If you sign up for such a program, you can build your own personal online business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more persons in areas or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domains On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will get a web hosting Control Panel where you can fix the prices for the individual top-level domain names that the Registrar offers. Most companies also offer billing transaction software and templates for your web shop, and the automation of the entire process coupled with the proliferating demand for domains render the domain name reseller market niche so seductive. You will either receive a ready-to-use site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Normally, you have the option to select between the 2 options, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will operate under your personal trademark name and not under the Registrar's.
Gain Money From Supplying Web Hosting Accounts Too
A perfect addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to users who want to launch their online portal and need both a domain and a website hosting account. A few companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to charge your clients. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.