The World Wide Web is an ever-developing system that offers new opportunities to gain money on the Internet. One of them is to be a domain reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a thriving trading niche that you can be engaged in.
TLDs and SLDs
A domain is made of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 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 name or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each given top-level domain name may contain, such as the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and administer all DNS resource records.
Gain Profit From Selling Domain Names
Lots of Registrars have reseller programs that enable individuals to earn revenue from selling domains to end users. If you register with such a program, you can launch your very own personal web business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more people in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade TLDs On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will obtain a hosting CP where you can select the prices for the specific top-level domain names that the Registrar provides. Most corporations also offer billing software and web templates for your online shop, and the automation of the whole procedure combined with the big demand for domains render the domain name reseller market niche so desirable. You will either acquire a turn-key web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web page and order form. Generally, you have the opportunity to choose between the 2 options, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will sell under your personal brand and not under the Registrar's.
Gain Money From Offering Web Space Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to customers who wish to create their web portal and require both a domain and a webspace hosting package. Certain corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to charge your customers. You can then offer domains and shared web hosting packages to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to clients from all over the world.