The World Wide Web is an ever-growing network that delivers new options to make cash on the Web. One of these possibilities is to become a domain name reseller and sell 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 domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is an enlarging trading niche that you can be involved in.
TLDs and SLDs
A domain contains 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each concrete Top-Level Domain may have, such as the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain resource records.
Make Money From Trading Domain Names
Many Registrars have reseller programs that enable individuals to gain profit from selling domains to end clients. If you register with such a program, you can commence your very own e-business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more users in areas or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will acquire a Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most corporations also offer invoice transaction software and web site layouts for your virtual shop, and the automation of the entire procedure coupled with the flourishing demand for domains render the domain name reseller industry so desirable. You will either receive a pre-developed web site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Typically, you have the option to decide between the two alternatives, so it all depends on how advanced you are in these issues. As a domain reseller, you will work under your very own personal brand and not under the Registrar's.
Earn Revenue From Trading Web Hosting Services As Well
A proper supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to clients who would like to develop their website and need both a domain name and a web space hosting account. A few corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to bill your clients. You can then sell domains and shared web hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to people from all around the world.