The Internet is an ever-enlarging community that delivers new options to gain money online. One of these options is to become a domain reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a blossoming trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain comprises two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the requirements that each specific Top-Level Domain may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and handle all domain resource records.
Earn Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to gain profit from offering domain names to end clients. If you register with such a program, you can start your very own personal e-business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more persons in regional communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Personal Brand Name
When you sign up for a domain name reseller program, you will receive a site hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoicing software and site themes for your virtual store, and the automation of the whole procedure together with the proliferating demand for domain names make the domain name reseller market niche so alluring. You will either receive a pre-built site and use the Registrar system to resell domain names, or they will offer 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 opportunity to select between the two possibilities, so it all depends on how advanced you are in these things. As a domain reseller, you will operate under your very own brand name and not under the Registrar's brand.
Make Profit From Offering Web Space Hosting Plans As Well
A relevant addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to clients who wish to develop their site and demand both a domain and a webspace hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to charge your clients. You can then sell top-level domain names and shared web hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.