The World Wide Web is an ever-developing network that provides new possibilities to earn money on the Internet. One of these options is to become a domain reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of presently active domain names, so this is a flourishing trading niche that you can be involved in.
TLDs and SLDs
A domain contains 2 entities - a Top-Level Domain (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.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve two-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular top-level domain name may contain, including the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all DNS records.
Earn Revenue From Selling Domains
Many Registrars have reseller programs that permit individuals to gain profit from offering domain names to end clients. If you sign up for such a program, you can establish your very own personal electronic business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more people in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Sell TLDs Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will receive a site hosting CP where you can select the prices for the various Top-Level Domains that the Registrar provides. Most corporations also provide invoicing software and design layouts for your web store, and the automation of the entire process together with the great demand for domain names make the domain reseller market niche so seductive. You will either obtain a ready-for-use website and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal portal and order form. Normally, you have the opportunity to pick between the 2 options, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Promoting Website Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to people who desire to establish their web page and need both a domain name and a webspace hosting package. Particular companies furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice management software to bill your clients. You can then sell TLDs and shared website hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.