The World Wide Web is an ever-flourishing system that offers new possibilities to make money on the Web. One of these opportunities is to become a domain reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domains, so this is a blooming trading niche that you can become involved in.
TLDs and SLDs
A domain 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 name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each concrete TLD may impose, among them 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 offer the domain name to clients and handle all DNS resource records.
Make Cash From Reselling Domains
Lots of Registrars have reseller programs that allow individuals to make profit from selling domain names to end users. If you sign up for such a program, you can begin your own e-business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more users in provinces or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domain Names Under Your Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web site hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide billing software and website templates for your online store, and the automation of the whole process together with the swelling demand for domains render the domain name reseller business niche so desirable. You will either acquire a ready-made web site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal site and form for placing orders. Generally, you have the opportunity to choose between the 2 alternatives, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will operate under your own brand name and not on behalf of the Registrar's.
Make Revenue From Reselling Web Page Hosting Services Too
A good supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to individuals who desire to launch their web portal and require both a domain name and a hosting package. Given firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to charge your clients. You can then sell Top-Level Domains and shared hosting plans to clients, and since they provide a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.