The Internet is an ever-enlarging community that supplies new options to gain money online. One of these opportunities is to be a domain reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is an expanding trading niche that you can become involved in.
TLDs and SLDs
A domain name comprises 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick 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 Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and determines the preconditions that each concrete top-level domain name may entail, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS resource records.
Make Money From Trading Domain Names
Numerous Registrars have reseller programs that allow people to make profit from selling domain names to end clients. If you register with such a program, you can launch your own personal web business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more users in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will get a web space hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar offers. Most firms also offer billing transaction software and design themes for your online store, and the automation of the entire process coupled with the large demand for domains render the domain name reseller business niche so desirable. You will either acquire a pre-developed website and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Generally, you have the opportunity to choose between the two possibilities, so it all revolves around how experienced you are in these affairs. As a domain name reseller, you will operate on behalf of your personal trademark name and not under the Registrar's.
Earn Profit From Trading Web Space Hosting Accounts As Well
A logical supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to people who wish to have their web page and require both a domain name and a web site hosting plan. A number of companies offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to charge your customers. You can then sell domains and shared hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.