The Internet is an ever-flourishing community that provides new possibilities to make money on the Internet. One of them is to become a domain name reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a blossoming trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name consists of 2 entities - 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 Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-character abbreviations that stand for each country. Examples of country-code top-level domain names 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, has a Registry - an organization that handles the registrations and sets the preconditions that each particular Top-Level Domain may contain, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all DNS records.
Gain Money From Trading Domains
Lots of Registrars have reseller programs that enable people to earn profit from selling domains to end customers. If you register with such a program, you can start your very own online business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more individuals in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer Domains Under Your Own Personal Brand
When you register with a domain reseller program, you will receive a webspace hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer billing management software and web site themes for your web shop, and the automation of the whole process together with the enormous demand for domains make the domain reseller industry so seductive. You will either acquire a ready-made website and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and order form. Usually, you have the opportunity to choose between the two alternatives, so it all depends on how expert you are in these affairs. As a domain reseller, you will operate on behalf of your own personal trademark name and not on behalf of the Registrar's.
Make Profit From Providing Web Site Hosting Solutions As Well
A good addition to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to people who would like to make their web site and demand both a domain and a website hosting package. Particular firms offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice management software to charge your customers. You can then offer domains and shared web hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the globe.