The Internet is an ever-expanding community that provides new opportunities to make cash on the Web. One of them is to be a domain name reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is an enlarging marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain two-character 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 top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the preconditions that each concrete TLD may have, like the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name resource records.
Earn Revenue From Trading Domain Names
Numerous Registrars have reseller programs that allow people to earn money from selling domains to end users. If you subscribe to such a program, you can establish your very own personal Internet business. Generally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more people in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will 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.
Sell Domain Names Under Your Very Own Personal Brand Name
When you register with a domain reseller program, you will acquire a web site hosting CP where you can choose the prices for the individual TLDs that the Registrar provides. Most companies also provide invoice transaction software and themes for your virtual storefront, and the automation of the entire process coupled with the swelling demand for domain names make the domain name reseller market so seductive. You will either get a pre-made site and avail of the Registrar platform to sell domains, or they will grant 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 opportunity to decide between the two alternatives, so it all revolves around how trained you are in these matters. As a domain name reseller, you will operate on behalf of your own brand and not under the Registrar's brand.
Make Profit From Trading Webspace Hosting Packages As Well
A suitable supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to users who want to develop their site and demand both a domain and a web site hosting package. Particular corporations provide such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to charge your customers. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the globe.