The Internet is an ever-flourishing community that delivers new possibilities to gain cash on the Internet. One of these opportunities is to become a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a blossoming marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each specific top-level domain name may impose, like the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that enable individuals to make cash from selling domains to end customers. If you subscribe to such a program, you can start your very own personal online business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more clients in regional communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade TLDs On Behalf Of Your Own Trademark Name
When you sign up for a domain reseller program, you will have a webspace hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar offers. Most companies also provide billing management software and layouts for your virtual storefront, and the automation of the whole procedure coupled with the vast demand for domains render the domain reseller market so alluring. You will either get a pre-built web site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web page and form for placing orders. Traditionally, you have the opportunity to decide between the 2 options, so it all revolves around how skilled you are in these affairs. As a domain reseller, you will do business on behalf of your own personal brand and not on behalf of the Registrar's.
Make Revenue From Promoting Hosting Packages Too
An excellent supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to users who would like to have their web portal and require both a domain and a web space hosting package. Particular companies supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to bill your customers. You can then sell top-level domain names and shared hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the world.