The Internet is an ever-enlarging community that generates new options to gain cash online. One of these opportunities is to be a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is a flowering marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each particular Top-Level Domain may entail, like the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name resource records.
Gain Money From Reselling Domain Names
Plenty of Registrars have reseller programs that allow individuals to earn money from offering domain names to end clients. If you subscribe to such a program, you can begin your very own personal e-business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more clients in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Resell Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain reseller program, you will have a webspace hosting CP where you can fix the prices for the different Top-Level Domains that the Registrar offers. Most corporations also provide invoicing transaction software and web site themes for your web shop, and the automation of the whole process combined with the swelling demand for domains render the domain reseller industry so seductive. You will either get a pre-developed web site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal online portal and order form. Typically, you have the opportunity to choose between the two alternatives, so it all revolves around how skillful you are in these matters. As a domain reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's.
Gain Profit From Providing Web Site Hosting Accounts As Well
A nice supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to users who want to manage their online portal and require both a domain and a site hosting plan. A few firms supply 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 domain names and shared hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the globe.