The World Wide Web is an ever-expanding network that offers new possibilities to make money on the Web. One of these possibilities is to become a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering trading niche that you can be involved in.
TLDs and SLDs
A domain name includes 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the requirements that each given Top-Level Domain may contain, including the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain records.
Gain Cash From Offering Domains
Multiple Registrars have reseller programs that enable people to make money from selling domains to end clients. If you register with such a program, you can build your very own personal web business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in regional communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Trade TLDs On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will receive a web site hosting CP where you can select the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and templates for your online shop, and the automation of the whole process coupled with the growing demand for domain names make the domain reseller business so alluring. You will either obtain a ready-for-use website and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own online portal and form for placing orders. Commonly, you have the opportunity to pick between the two alternatives, so it all revolves around how practiced you are in these matters. As a domain reseller, you will operate on behalf of your personal brand name and not under the Registrar's.
Gain Revenue From Supplying Web Hosting Accounts As Well
A logical supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to customers who wish to make their web portal and need both a domain name and a web site hosting account. Some firms supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to charge your customers. You can then offer TLDs and shared hosting accounts to clients, and since they offer many diverse domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.