The Internet is an ever-expanding community that supplies new ways to gain money online. One of them is to be a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently active domain names, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is made of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-character abbreviations that represent 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 TLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the requirements that each concrete Top-Level Domain may contain, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain resource records.
Make Money From Trading Domain Names
Multiple Registrars have reseller programs that enable individuals to gain cash from offering domain names to end clients. If you subscribe to such a program, you can launch your own personal electronic business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more users in local regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell TLDs On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will get a web hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide billing transaction software and website themes for your online storefront, and the automation of the whole process together with the swelling demand for domains render the domain name reseller industry so seductive. You will either receive a pre-developed web site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal website and order form. Typically, you have the opportunity to choose between the two options, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will operate under your personal brand name and not under the Registrar's brand.
Earn Cash From Promoting Web Page Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who would like to launch their website and demand both a domain and a site hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing transaction software to charge your clients. You can then offer domain names and shared website hosting plans to clients, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.