The World Wide Web is an ever-increasing system that delivers new opportunities to make cash on the Internet. One of these possibilities is to be a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of presently functioning domain names, so this is an increasing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name contains 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each given TLD may include, such as 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 in fact offer the domain name to customers and manage all DNS resource records.
Make Revenue From Trading Domain Names
Lots of Registrars have reseller programs that allow people to make money from selling domains to end clients. If you register with such a program, you can initiate your very own personal electronic business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs Under Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a webspace hosting CP where you can choose the prices for the separate TLDs that the Registrar offers. Most companies also offer invoice management software and templates for your online store, and the automation of the entire process combined with the swelling demand for domain names render the domain reseller industry so tempting. You will either have a ready-to-use web site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Traditionally, you have the option to choose between the 2 alternatives, so it all depends on how proficient you are in these issues. As a domain name reseller, you will operate under your own personal trademark name and not under the Registrar's brand.
Make Revenue From Reselling Webspace Hosting Accounts Too
A sensible supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to persons who desire to set up their web portal and need both a domain name and a webspace hosting package. Certain corporations provide such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to bill your customers. You can then sell domains and shared hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.