The Internet is an ever-enlarging community that supplies new possibilities to make money on the Web. One of them is to be a domain name reseller and offer domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domain names, so this is a growing trading niche that you can be engaged in.
TLDs and SLDs
A domain includes 2 pieces - a Top-Level Domain (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 SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-character abbreviations that represent 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 name or a ccTLD, has a Registry - an organization that administers the registrations and determines the preconditions that each given TLD may involve, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name records.
Gain Money From Reselling Domains
A lot of Registrars have reseller programs that enable people to make cash from offering domains to end customers. If you subscribe to such a program, you can establish your own Internet business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more people in regional districts or countries where the Registrar may not be famous at all. This means 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 imposes for the domain name registration.
Sell Domain Names Under Your Very Own Personal Brand
When you register with a domain reseller program, you will get a web hosting Control Panel where you can settle the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide billing management software and themes for your virtual shop, and the automation of the entire process together with the huge demand for domain names render the domain reseller industry so alluring. You will either have a ready-for-use site and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Traditionally, you have the opportunity to select between the 2 alternatives, so it all revolves around how proficient you are in these things. As a domain reseller, you will sell on behalf of your own personal trademark name and not on behalf of the Registrar's.
Gain Profit From Providing Web Page Hosting Services As Well
A good addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to persons who desire to have their web page and demand both a domain and a webspace hosting plan. Particular corporations furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing software to charge your customers. You can then sell top-level domain names and shared hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to customers from all around the globe.