The World Wide Web is an ever-flourishing community that supplies new possibilities to make money online. One of these possibilities is to become a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a blossoming marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name involves two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that handles the registrations and determines the prerequisites that each given TLD may involve, including the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS resource records.
Make Money From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to make revenue from offering domains to end customers. If you subscribe to such a program, you can establish your very own personal e-business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more persons in local communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides 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 imposes for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Trademark Name
When you subscribe to a domain name reseller program, you will receive a web site hosting CP where you can set the prices for the separate top-level domain names that the Registrar offers. Most firms also offer invoice software and site themes for your online store, and the automation of the entire procedure combined with the vast demand for domain names render the domain reseller industry so seductive. You will either acquire a ready-to-use site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Usually, you have the option to choose between the two possibilities, so it all depends on how experienced you are in these things. As a domain reseller, you will sell under your personal brand name and not under the Registrar's brand.
Gain Revenue From Promoting Web Hosting Services Too
An adequate addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to individuals who desire to make their web page and require both a domain name and a site hosting plan. A number of firms furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing transaction software to bill your customers. You can then sell top-level domain names and shared hosting accounts to customers, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the globe.