The Internet is an ever-increasing platform that generates new opportunities to earn cash on the Internet. One of these options is to become a domain reseller and sell domain names to end users, earning revenue 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 currently functioning domains, so this is a blossoming marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each given Top-Level Domain may include, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name resource records.
Make Profit From Trading Domains
Lots of Registrars have reseller programs that permit individuals to gain profit from offering domain names to end users. If you register with such a program, you can kick off your very own electronic business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more users in regional communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will earn a profit from 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.
Offer Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a site hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar offers. Most companies also offer invoice management software and web themes for your virtual storefront, and the automation of the entire process combined with the great demand for domains render the domain name reseller business niche so seductive. You will either have a pre-built website and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Generally, you have the option to choose between the two possibilities, so it all revolves around how trained you are in these issues. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Money From Providing Web Site Hosting Packages As Well
A proper supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to persons who wish to develop their site and require both a domain name and a web space hosting package. Certain firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing software to bill your customers. You can then offer top-level domain names and shared web hosting packages to customers, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to clients from all over the world.