The Internet is an ever-expanding platform that offers new ways to make cash on the Internet. One of these possibilities is to be a domain reseller and offer domains to end users, 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 1 000 000's of presently active domains, so this is a blossoming trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the preconditions that each specific Top-Level Domain may involve, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS resource records.
Gain Revenue From Reselling Domains
Many Registrars have reseller programs that allow people to gain profit from offering domains to end customers. If you register with such a program, you can launch your own personal online business. Normally, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more persons in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a website hosting CP where you can fix the prices for the specific TLDs that the Registrar offers. Most firms also offer invoicing software and web skins for your web store, and the automation of the whole procedure combined with the big demand for domains make the domain name reseller industry so seductive. You will either have a ready-made website and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Traditionally, you have the option to decide between the 2 options, so it all depends on how accomplished you are in these matters. As a domain reseller, you will do business under your own trademark name and not on behalf of the Registrar's.
Make Money From Trading Web Site Hosting Plans As Well
A logical addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to clients who wish to manage their web site and need both a domain and a website hosting plan. A few corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your customers. You can then offer TLDs and shared hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to customers from all over the world.