The Internet is an ever-growing platform that supplies new options to gain money on the Web. One of these ways is to be a domain reseller and sell domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of presently functioning domains, so this is a flowering business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the requirements that each given Top-Level Domain may include, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually sell the domain name to clients and handle all domain resource records.
Gain Cash From Trading Domain Names
Many Registrars have reseller programs that allow individuals to make money from offering domains to end clients. If you subscribe to such a program, you can launch your own web business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more clients in local districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Domains On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will get a web page hosting CP where you can set the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer billing transaction software and web templates for your virtual storefront, and the automation of the whole procedure coupled with the huge demand for domains make the domain reseller industry so alluring. You will either acquire a pre-made website and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web page and order form. Typically, you have the opportunity to decide between the 2 options, so it all revolves around how trained you are in these things. As a domain name reseller, you will sell under your own personal trademark name and not on behalf of the Registrar's brand.
Make Profit From Promoting Web Hosting Plans As Well
A nice addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to clients who desire to launch their web page and need both a domain name and a hosting package. A few companies offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to bill your customers. You can then offer top-level domain names and shared website hosting plans to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.