The World Wide Web is an ever-increasing community that furnishes new possibilities to gain money on the Web. One of these ways is to be a domain reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is an enlarging trading niche that you can become a part of.
TLDs and SLDs
A domain consists of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names 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 name, whether it is a generic or a ccTLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each given Top-Level Domain may involve, including the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain names to customers and manage all domain name records.
Make Cash From Offering Domains
Lots of Registrars have reseller programs that permit people to gain money from selling domain names to end users. If you sign up for such a program, you can begin your own Internet business. Regularly, a domain will be cheaper if it is registered through 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 local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will make a profit 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 registration.
Sell Domains Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will get a website hosting CP where you can set the prices for the specific top-level domain names that the Registrar provides. Most companies also provide billing management software and web skins for your online shop, and the automation of the entire process coupled with the increasing demand for domain names make the domain name reseller business niche so attractive. You will either obtain a pre-developed site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web site and order form. Generally, you have the option to select between the two alternatives, so it all depends on how trained you are in these matters. As a domain reseller, you will operate on behalf of your personal trademark name and not under the Registrar's brand.
Gain Revenue From Providing Site Hosting Packages As Well
A nice addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to customers who would like to manage their web page and demand both a domain name and a web space hosting package. Certain corporations offer such options. With 'Resellers Panel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to bill your customers. You can then offer domains and shared website hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the world.