The World Wide Web is an ever-expanding system that delivers new ways to gain money on the Web. One of them is to become a domain reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is an enlarging trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that denote each country. Instances of ccTLDs 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 administers the registrations and determines the preconditions that each specific top-level domain name may have, including the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all domain name resource records.
Gain Profit From Reselling Domains
Many Registrars have reseller programs that permit people to make cash from selling domains to end clients. If you register with such a program, you can start your own personal Internet business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more persons in local regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names Under Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will obtain a web hosting CP where you can set the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer invoicing software and web site templates for your virtual store, and the automation of the entire procedure coupled with the considerable demand for domain names make the domain reseller market niche so attractive. You will either have a pre-made site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal web portal and order form. Commonly, you have the option to choose between the 2 possibilities, so it all revolves around how trained you are in these issues. As a domain reseller, you will do business under your personal brand name and not on behalf of the Registrar's brand.
Make Profit From Promoting Hosting Accounts Too
A nice supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who want to set up their web page and need both a domain name and a web space hosting plan. Certain firms provide such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice transaction software to bill your customers. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they offer many different domain extensions, you will be able to offer domain and hosting services to individuals from all around the globe.