The Internet is an ever-growing network that supplies new ways to make money on the Internet. One of them is to be a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domains, so this is an enlarging trading niche that you can become engaged in.
TLDs and SLDs
A domain name includes two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific top-level domain name may contain, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually offer the domain name to clients and administer all domain name resource records.
Gain Profit From Offering Domain Names
A lot of Registrars have reseller programs that allow people to make money from selling domain names to end customers. If you register with such a program, you can launch your own web business. Generally, 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 customer. The cause is that resellers can contact more clients in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will get a website hosting CP where you can set the prices for the different TLDs that the Registrar provides. Most companies also offer billing software and site skins for your web storefront, and the automation of the whole procedure coupled with the towering demand for domain names make the domain reseller business so alluring. You will either have a turn-key website and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own site and order form. Usually, you have the opportunity to choose between the two possibilities, so it all depends on how skillful you are in these affairs. As a domain reseller, you will sell under your very own trademark name and not under the Registrar's brand.
Make Money From Providing Web Site Hosting Services As Well
A relevant addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to persons who wish to create their web portal and require both a domain and a hosting account. A few firms supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free billing management software to bill your clients. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.