The World Wide Web is an ever-enlarging network that delivers new options to gain cash on the Internet. One of these options is to become a domain name reseller and offer domain names to end customers, gaining profit 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 active domain names, so this is an increasing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain comprises two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that tackles the registrations and sets the prerequisites that each concrete TLD may include, such as the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all DNS records.
Make Profit From Offering Domain Names
Lots of Registrars have reseller programs that allow people to make revenue from selling domains to end clients. If you register with such a program, you can initiate your own personal Internet business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more persons in regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer TLDs Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will obtain a hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoice software and web site templates for your online storefront, and the automation of the whole procedure coupled with the huge demand for domain names make the domain reseller market niche so tempting. You will either obtain a turn-key website and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own web site and form for placing orders. Commonly, you have the opportunity to pick between the two alternatives, so it all depends on how expert you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand name and not on behalf of the Registrar's brand.
Gain Money From Trading Web Hosting Solutions Too
A suitable supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to persons who wish to launch their online portal and need both a domain name and a web site hosting plan. Some firms offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free billing software to bill your customers. You can then offer TLDs and shared website hosting accounts to clients, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the globe.