The Internet is an ever-flourishing system that offers new options to gain money on the Web. One of these possibilities is to be a domain reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is a blossoming trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and determines the requirements that each given top-level domain name may contain, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS records.
Gain Money From Trading Domain Names
Plenty of Registrars have reseller programs that enable people to earn profit from offering domains to end clients. If you sign up for such a program, you can commence your own online business. Regularly, 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 areas or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a web hosting Control Panel where you can select the prices for the specific TLDs that the Registrar provides. Most firms also offer billing management software and web design themes for your virtual shop, and the automation of the entire procedure combined with the enlarging demand for domain names make the domain reseller market niche so desirable. You will either obtain a ready-for-use web site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web portal and form for placing orders. Typically, you have the option to select between the two possibilities, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will work on behalf of your personal trademark name and not under the Registrar's.
Make Money From Trading Web Hosting Services As Well
A proper supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who wish to set up their web site and need both a domain name and a web page hosting plan. Some firms offer such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to bill your clients. You can then sell top-level domain names and shared hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to clients from all over the globe.