The World Wide Web is an ever-expanding network that provides new opportunities to make money online. One of these possibilities is to be a domain name reseller and sell domain names to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a blossoming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each specific TLD may impose, among them the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain name resource records.
Make Revenue From Offering Domain Names
Multiple Registrars have reseller programs that enable individuals to gain revenue from selling domains to end clients. If you register with such a program, you can kickstart your own electronic business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more clients in regional districts 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 profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domain Names On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will get a web page hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoicing software and site layouts for your web storefront, and the automation of the whole process coupled with the considerable demand for domain names render the domain name reseller business so alluring. You will either acquire a ready-made website and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Usually, you have the option to choose between the 2 options, so it all revolves around how proficient you are in these things. As a domain name reseller, you will sell under your very own personal brand and not under the Registrar's.
Gain Profit From Trading Web Hosting Solutions As Well
An appropriate supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to persons who wish to launch their web site and require both a domain name and a web site hosting account. A few corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to charge your clients. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to users from all around the world.