The World Wide Web is an ever-flourishing platform that provides new possibilities to gain cash online. One of these possibilities is to become a domain reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain is composed of two pieces - a Top-Level Domain (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 SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and determines the prerequisites that each specific Top-Level Domain may entail, including the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and administer all domain records.
Make Money From Selling Domains
Multiple Registrars have reseller programs that enable individuals to make revenue from offering domains to end customers. If you register with such a program, you can start your very own e-business. As a rule, 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 cause is that resellers can contact more customers in provinces 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 profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Domains On Behalf Of Your Very Own Personal Brand
When you sign up for a domain reseller program, you will get a webspace hosting Control Panel where you can select the prices for the individual top-level domain names that the Registrar provides. Most firms also provide invoice software and web page themes for your web shop, and the automation of the entire process coupled with the strong demand for domain names render the domain name reseller market niche so desirable. You will either have a ready-made web site and make use of 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 own personal online portal and form for placing orders. Normally, you have the opportunity to decide between the 2 options, so it all revolves around how skillful you are in these issues. As a domain reseller, you will sell under your own trademark name and not under the Registrar's brand.
Make Revenue From Selling Web Page Hosting Packages As Well
A perfect addition to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to people who want to launch their web page and need both a domain and a webspace hosting plan. Some corporations supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to charge your clients. You can then sell domains and shared hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to clients from all around the globe.