The World Wide Web is an ever-enlarging system that generates new possibilities to gain money on the Internet. One of these ways is to become a domain reseller and sell domains to end clients, gaining profit 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 millions of presently active domain names, so this is a growing trading niche that you can become engaged in.
TLDs and SLDs
A domain name is made of 2 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 name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that handles the registrations and determines the preconditions that each particular Top-Level Domain may impose, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain records.
Earn Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that permit people to earn revenue from offering domains to end users. If you sign up for such a program, you can kick off your very own personal electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more people in local regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Domains On Behalf Of Your Very Own Personal Brand
When you register with a domain reseller program, you will receive a web site hosting CP where you can determine the prices for the individual top-level domain names that the Registrar offers. Most firms also provide invoice transaction software and web site themes for your online shop, and the automation of the whole process coupled with the proliferating demand for domain names render the domain name reseller business so attractive. You will either acquire a pre-made web site and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web page and form for placing orders. Commonly, you have the opportunity to choose between the 2 possibilities, so it all depends on how practiced you are in these issues. As a domain reseller, you will work on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Money From Reselling Hosting Services Too
An adequate addition to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who desire to establish their web portal and need both a domain name and a website hosting package. A number of companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to charge your clients. You can then sell top-level domain names and shared hosting packages to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.