The World Wide Web is an ever-expanding network that delivers new options to gain money online. One of these ways is to become a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is an increasing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two constituents - a top-level domain name (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 Domains can be generic or country code. The generic top-level domain names include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each concrete TLD may contain, among them the length of the registration term 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 names to clients and administer all domain name records.
Gain Profit From Trading Domains
A lot of Registrars have reseller programs that allow individuals to gain revenue from offering domains to end users. If you register with such a program, you can launch your own personal Internet business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more clients in regional communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a reseller domains program, you will get a site hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar provides. Most firms also offer invoice transaction software and web site themes for your web storefront, and the automation of the whole process combined with the strong demand for domain names render the domain name reseller market niche so alluring. You will either receive a pre-built site and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own online portal and order form. Normally, you have the opportunity to decide between the two possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will sell on behalf of your very own brand and not under the Registrar's brand.
Gain Profit From Reselling Website Hosting Plans Too
A sensible supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to users who desire to build their online portal and require both a domain name and a hosting package. Certain companies furnish such options. With Resellers Panel, for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to charge your customers. You can then sell TLDs and shared web hosting accounts to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to individuals from all over the world.