The Internet is an ever-growing network that provides new ways to gain cash on the Web. One of them is to be a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of currently active domain names, so this is a flourishing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain contains 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that symbolize each country. Instances of ccTLDs 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 organization that tackles the registrations and determines the preconditions that each given TLD may impose, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain name resource records.
Earn Profit From Offering Domain Names
Lots of Registrars have reseller programs that enable people to make profit from offering domain names to end clients. If you sign up for such a program, you can initiate your very own Internet business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more people in provinces or countries where the Registrar may not be popular whatsoever. 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 customer pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will have a web page hosting Control Panel where you can fix the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide invoice transaction software and web skins for your web store, and the automation of the whole process combined with the immense demand for domain names render the domain name reseller business so desirable. You will either acquire a ready-for-use website and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Usually, you have the opportunity to choose between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain reseller, you will work under your own trademark name and not under the Registrar's.
Earn Cash From Selling Webspace Hosting Solutions Too
A suitable addition to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to clients who wish to launch their web page and require both a domain name and a web hosting account. A number of firms offer such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice software to charge your clients. You can then sell domain names and shared hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the globe.