The Internet is an ever-increasing platform that offers new ways to gain cash on the Web. One of these ways is to become a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is a flowering marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is made of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains 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 TLD, has a Registry - an organization that tackles the registrations and sets the requirements that each specific top-level domain name may impose, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all DNS resource records.
Make Money From Reselling Domains
A lot of Registrars have reseller programs that enable individuals to earn cash from selling domain names to end users. If you register with such a program, you can establish your very own personal Internet business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more people in regional districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a webspace hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and site skins for your online storefront, and the automation of the entire procedure combined with the large demand for domains render the domain reseller market so seductive. You will either get a turn-key site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Normally, you have the opportunity to decide between the 2 possibilities, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will work under your own brand name and not under the Registrar's brand.
Make Revenue From Promoting Site Hosting Plans As Well
A suitable supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to clients who wish to make their site and need both a domain name and a web hosting package. Particular firms provide 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 name reseller account and free-of-cost billing management software to charge your clients. You can then offer top-level domain names 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 clients from all over the globe.