The Internet is an ever-increasing community that provides new options to gain cash on the Web. One of them is to become a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is a flowering trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name includes 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve two-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains 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 organization that deals with the registrations and sets the preconditions that each particular TLD may impose, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain name records.
Gain Money From Trading Domains
Lots of Registrars have reseller programs that allow people to gain cash from offering domain names to end clients. If you subscribe to such a program, you can launch your own Internet business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more customers in regional communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain reseller program, you will get a CP where you can choose the prices for the various TLDs that the Registrar provides. Most companies also provide invoice transaction software and web skins for your web shop, and the automation of the whole procedure combined with the towering demand for domains render the domain name reseller market niche so tempting. You will either receive a ready-made web site and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal website and order form. Usually, you have the opportunity to decide between the two alternatives, so it all depends on how experienced you are in these affairs. As a domain reseller, you will operate on behalf of your personal brand and not under the Registrar's.
Gain Profit From Selling Web Hosting Plans As Well
A proper supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to individuals who would like to launch their site and need both a domain and a website hosting package. Particular firms offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to charge your customers. You can then offer domains and shared website hosting accounts to customers, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.