The Internet is an ever-growing system that delivers new possibilities to make money online. One of these options is to be a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is an enlarging marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that stand for 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 organization that manages the registrations and determines the requirements that each specific top-level domain name may contain, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and handle all DNS resource records.
Make Profit From Trading Domains
Numerous Registrars have reseller programs that permit individuals to earn revenue from offering domains to end customers. If you subscribe to such a program, you can commence your own web business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more users in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Domains Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a web hosting CP where you can determine the prices for the individual TLDs that the Registrar provides. Most corporations also offer billing software and site templates for your virtual store, and the automation of the entire procedure combined with the enlarging demand for domains make the domain name reseller industry so desirable. You will either have a pre-built web site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal site and order form. Normally, you have the option to choose between the two possibilities, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will do business under your own personal trademark name and not under the Registrar's.
Gain Revenue From Supplying Hosting Accounts Too
A sensible addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to users who wish to develop their web page and need both a domain and a webspace hosting package. Certain companies provide such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to bill your clients. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to people from all over the globe.