The Internet is an ever-expanding network that provides new options to make money on the Internet. One of these opportunities is to be a domain name reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blossoming trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain contains 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that handles the registrations and sets the prerequisites that each particular TLD may have, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and manage all domain name resource records.
Gain Cash From Trading Domains
A lot of Registrars have reseller programs that enable individuals to gain revenue from offering domains to end customers. If you register with such a program, you can build your own personal e-business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more individuals in provinces or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn 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.
Sell Domains Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a web page hosting CP where you can settle the prices for the individual top-level domain names that the Registrar provides. Most companies also provide billing transaction software and web site layouts for your online storefront, and the automation of the entire process coupled with the proliferating demand for domains render the domain name reseller business so tempting. You will either obtain a turn-key website and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Traditionally, you have the opportunity to select between the two alternatives, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's.
Earn Profit From Supplying Site Hosting Accounts As Well
A nice addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who wish to develop their online portal and require both a domain and a web page hosting package. A number of corporations have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to charge your customers. You can then offer domains and shared hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.