The Internet is an ever-growing network that supplies new possibilities to make money on the Web. One of these opportunities is to become a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently active domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name 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 generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-letter abbreviations that represent 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 gTLD or a country-code TLD, has a Registry - an institution that handles the registrations and determines the prerequisites that each specific TLD may have, like the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all DNS records.
Gain Money From Trading Domains
Lots of Registrars have reseller programs that permit people to make cash from offering domains to end clients. If you sign up for such a program, you can kick off your very own personal e-business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more clients in local regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a web page hosting CP where you can choose the prices for the various TLDs that the Registrar provides. Most corporations also provide invoice software and web skins for your virtual shop, and the automation of the entire process together with the considerable demand for domain names make the domain name reseller industry so seductive. You will either acquire a pre-built web site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Usually, you have the opportunity to decide between the two alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will do business on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Revenue From Offering Web Hosting Solutions Too
A proper supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to people who want to set up their online portal and demand both a domain and a web hosting plan. A few corporations offer 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 free invoice software to bill your customers. You can then offer top-level domain names and shared web hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.