The World Wide Web is an ever-increasing network that generates new opportunities to gain money on the Internet. One of these ways is to become a domain reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of currently active domains, so this is a thriving trading niche that you can be involved in.
TLDs and SLDs
A domain name involves 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the preconditions that each concrete TLD may contain, like the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain records.
Earn Profit From Trading Domain Names
Numerous Registrars have reseller programs that allow individuals to gain revenue from offering domains to end clients. If you sign up for such a program, you can commence your own online business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more individuals in local regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on 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 Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will get a site hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most companies also offer invoice transaction software and site skins for your web shop, and the automation of the whole procedure combined with the towering demand for domain names render the domain reseller industry so alluring. You will either get a ready-to-use site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal portal and order form. Traditionally, you have the option to pick between the two possibilities, so it all depends on how expert you are in these matters. As a domain name reseller, you will work under your personal brand and not on behalf of the Registrar's.
Make Revenue From Reselling Website Hosting Plans As Well
An excellent addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to users who wish to build their web portal and need both a domain name and a web site hosting account. Particular firms have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to charge your clients. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to users from all over the globe.