The Internet is an ever-increasing system that furnishes new opportunities to gain money online. One of these opportunities is to be a domain name reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is a flowering business niche that you can become involved in.
TLDs and SLDs
A domain name involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and determines the requirements that each specific top-level domain name may involve, among them the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact offer the domain name to clients and handle all DNS resource records.
Gain Revenue From Trading Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain cash from selling domain names to end customers. If you register with such a program, you can commence your very own e-business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more customers in regional districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a website hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most companies also offer billing software and design skins for your online shop, and the automation of the whole procedure coupled with the big demand for domains render the domain name reseller business niche so tempting. You will either obtain a pre-built web site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own portal and form for placing orders. Normally, you have the opportunity to pick between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will work on behalf of your very own trademark name and not under the Registrar's brand.
Earn Money From Promoting Web Hosting Services As Well
A nice supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to clients who want to make their online portal and require both a domain name and a website hosting package. Particular corporations have such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to bill your clients. You can then offer domain names and shared website hosting accounts to customers, and since they offer a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.