The Internet is an ever-growing community that generates new options to make money on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that handles the registrations and determines the requirements that each specific top-level domain name may involve, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name records.
Gain Revenue From Trading Domain Names
Multiple Registrars have reseller programs that allow individuals to earn revenue from offering domain names to end customers. If you register with such a program, you can kickstart your own Internet business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more individuals in local communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domains Under Your Own Trademark Name
When you sign up for a domain reseller program, you will receive a web space hosting CP where you can determine the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide invoicing transaction software and website templates for your online shop, and the automation of the entire process combined with the swelling demand for domains render the domain name reseller business niche so alluring. You will either have a turn-key web site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web portal and form for placing orders. Typically, you have the option to pick between the 2 alternatives, so it all depends on how expert you are in these things. As a domain name reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Reselling Web Page Hosting Solutions As Well
A nice supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to customers who want to launch their online portal and require both a domain name and a webspace hosting plan. Given corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing management software to charge your customers. You can then offer top-level domain names and shared website hosting packages to customers, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the globe.