The World Wide Web is an ever-developing community that offers new ways to make cash on the Web. One of them is to be a domain reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a developing marketing niche that you can be engaged in.
TLDs and SLDs
A domain is made of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that signify each country. Examples of country-code TLDs 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 one, has a Registry - an organization that manages the registrations and determines the prerequisites that each specific Top-Level Domain may impose, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain records.
Make Money From Trading Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain profit from selling domain names to end users. If you subscribe to such a program, you can start your very own Internet business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more persons in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names Under Your Personal Trademark Name
When you register with a domain reseller program, you will receive a web hosting Control Panel where you can settle the prices for the separate Top-Level Domains that the Registrar provides. Most firms also offer billing software and skins for your virtual store, and the automation of the whole process coupled with the expanding demand for domains render the domain reseller industry so tempting. You will either receive a pre-made 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 very own web page and form for placing orders. Typically, you have the option to decide between the 2 alternatives, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will do business on behalf of your personal brand name and not under the Registrar's.
Make Cash From Reselling Web Page Hosting Plans Too
A perfect addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to persons who want to launch their web site and demand both a domain and a hosting account. Particular corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your clients. You can then sell domains and shared web hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.