The Internet is an ever-increasing network that furnishes new possibilities to gain cash online. One of these possibilities is to become 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. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 parts - 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 domain names can be generic or country code. The generic TLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that tackles the registrations and sets the requirements that each particular TLD may include, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS records.
Gain Money From Selling Domain Names
Multiple Registrars have reseller programs that permit individuals to earn revenue from selling domains to end users. If you sign up for such a program, you can kickstart your very own personal e-business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more persons in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade TLDs On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can choose the prices for the specific TLDs that the Registrar provides. Most companies also provide invoice management software and web page themes for your virtual store, and the automation of the entire procedure coupled with the vast demand for domain names make the domain reseller market niche so attractive. You will either get a ready-for-use site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web portal and order form. Generally, you have the opportunity to pick between the 2 alternatives, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will do business under your own trademark name and not on behalf of the Registrar's.
Gain Money From Reselling Site Hosting Solutions As Well
A logical supplement to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to people who desire to create their web page and need both a domain and a webspace hosting account. A few firms offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoice software to charge your clients. You can then sell TLDs and shared web hosting accounts to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the world.