The Internet is an ever-increasing system that generates new options to make cash on the Internet. One of these options is to become a domain reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently active domains, so this is a flowering marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an organization that handles the registrations and sets the preconditions that each specific top-level domain name may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain resource records.
Gain Profit From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to gain cash from offering domains to end clients. If you register with such a program, you can kick off your very own personal Internet 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 user. The explanation is that resellers can contact more individuals in regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will get a webspace hosting Control Panel where you can set the prices for the different TLDs that the Registrar provides. Most companies also provide invoice transaction software and skins for your web store, and the automation of the whole process coupled with the proliferating demand for domains make the domain reseller market so attractive. You will either get a turn-key site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal portal and order form. Traditionally, you have the opportunity to decide between the 2 possibilities, so it all depends on how experienced you are in these issues. As a domain name reseller, you will sell on behalf of your personal brand name and not on behalf of the Registrar's.
Gain Money From Offering Hosting Accounts As Well
A sensible supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to clients who wish to manage their site and require both a domain and a web page hosting plan. Particular firms have such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to charge your clients. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the world.