The Internet is an ever-expanding platform that offers new options to gain cash on the Internet. One of these ways is to be a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of presently active domains, so this is a flourishing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is made of two pieces - a Top-Level Domain (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 SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names 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, while the ccTLDs comprise 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each given Top-Level Domain may involve, including the duration of the registration period or the citizenship 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 resource records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that enable people to earn money from selling domain names to end users. If you sign up for such a program, you can kickstart your very own personal e-business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more users in regional communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will get a site hosting CP where you can fix the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoice management software and website layouts for your online storefront, and the automation of the entire process combined with the flourishing demand for domain names render the domain reseller market niche so alluring. You will either receive a pre-made web site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own portal and order form. Traditionally, you have the option to decide between the 2 possibilities, so it all depends on how expert you are in these issues. As a domain reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's.
Make Revenue From Reselling Web Site Hosting Packages As Well
A good addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to individuals who want to have their web portal and demand both a domain and a hosting plan. Particular corporations supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then sell domains and shared website hosting packages to clients, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to customers from all around the world.