The Internet is an ever-growing community that delivers new ways to gain cash online. One of these options is to become a domain reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is an enlarging marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain comprises 2 constituents - 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.
Generic and Country-Code Top-Level Domain Names
The TLDs 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 country-code Top-Level Domains are composed of two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular Top-Level Domain may have, among them the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to clients and handle all domain records.
Make Profit From Reselling Domains
Lots of Registrars have reseller programs that allow people to earn profit from offering domain names to end users. If you sign up for such a program, you can initiate your own personal web business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more users in local regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Domain Names Under Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a hosting Control Panel where you can select the prices for the specific TLDs that the Registrar provides. Most firms also provide invoicing software and web site skins for your web storefront, and the automation of the entire procedure coupled with the proliferating demand for domain names make the domain reseller business niche so desirable. You will either obtain a pre-developed website and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal website and form for placing orders. Generally, you have the option to pick between the 2 alternatives, so it all depends on how accomplished you are in these things. As a domain reseller, you will operate on behalf of your own brand name and not under the Registrar's brand.
Make Money From Supplying Web Site Hosting Solutions Too
An adequate addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to users who wish to build their web page and require both a domain name and a web space hosting account. Some firms supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to charge your clients. You can then sell top-level domain names and shared web hosting packages to customers, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.