The Internet is an ever-flourishing platform that provides new options to gain cash on the Internet. One of these possibilities is to be a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a growing marketing niche that you can be engaged in.
TLDs and SLDs
A domain name contains two pieces - 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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that deals with the registrations and determines the requirements that each particular TLD may entail, like the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name records.
Gain Money From Selling Domains
Plenty of Registrars have reseller programs that allow people to earn cash from selling domains to end clients. If you register with such a program, you can begin your own web business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in provinces or countries where the Registrar may not be popular whatsoever. 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 customer pays and the one that the Registrar levies for the domain registration.
Offer Domains On Behalf Of Your Own Trademark Name
When you register with a domain reseller program, you will receive a webspace hosting CP where you can select the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoice management software and web site templates for your web shop, and the automation of the whole procedure combined with the rising demand for domains make the domain reseller industry so alluring. You will either obtain a pre-made site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal web site and form for placing orders. Generally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how advanced you are in these things. As a domain name reseller, you will operate under your own brand and not under the Registrar's brand.
Gain Money From Providing Web Site Hosting Accounts Too
An excellent addition to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to people who want to build their web portal and require both a domain and a web hosting package. Some companies provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then offer top-level domain names and shared web hosting packages to clients, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to persons from all around the world.