The World Wide Web is an ever-developing system that generates new opportunities to earn money on the Web. One of these opportunities is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a growing business niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an institution that handles the registrations and determines the preconditions that each concrete top-level domain name may include, like the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain resource records.
Gain Revenue From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to gain profit from selling domain names to end users. If you register with such a program, you can commence your very own Internet business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more customers in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will earn a profit 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 name registration.
Trade TLDs Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a Control Panel where you can determine the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoice transaction software and web page skins for your virtual shop, and the automation of the whole procedure coupled with the immense demand for domains render the domain name reseller market niche so attractive. You will either get a ready-for-use site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Commonly, you have the opportunity to choose between the two possibilities, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will sell under your very own brand name and not on behalf of the Registrar's.
Make Profit From Trading Web Hosting Plans As Well
A logical addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to clients who would like to develop their online portal and need both a domain and a hosting plan. Particular firms supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to charge your customers. You can then offer domains and shared hosting accounts to customers, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.