The Internet is an ever-flourishing network that delivers new opportunities to gain cash on the Web. One of these opportunities is to become a domain name reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of currently functioning domain names, so this is an enlarging trading niche that you can be engaged in.
TLDs and SLDs
A domain is composed of 2 pieces - a top-level domain name (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 Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-character abbreviations that symbolize 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 country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the requirements that each given Top-Level Domain may impose, like the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain resource records.
Gain Cash From Trading Domains
Plenty of Registrars have reseller programs that permit individuals to gain revenue from offering domain names to end users. If you register with such a program, you can kickstart your own personal web business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more people in local communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties 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.
Resell Domain Names Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a site hosting Control Panel where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most firms also provide invoice software and web page layouts for your virtual shop, and the automation of the entire process coupled with the enormous demand for domains render the domain name reseller industry so attractive. You will either receive a ready-to-use website and avail of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Typically, you have the opportunity to choose between the two possibilities, so it all depends on how trained you are in these issues. As a domain name reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Reselling Web Space Hosting Solutions As Well
An appropriate supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to users who desire to make their web page and require both a domain name and a site hosting plan. A few firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to bill your customers. You can then sell Top-Level Domains and shared web hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all over the world.