The Internet is an ever-developing network that provides new ways to gain cash on the Web. One of them is to become a domain reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domains, so this is an enlarging marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that handles the registrations and determines the requirements that each concrete top-level domain name may involve, among them the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and handle all DNS records.
Make Money From Trading Domain Names
Numerous Registrars have reseller programs that enable individuals to earn cash from selling domains to end customers. If you register with such a program, you can kick off your very own e-business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more people in local communities 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 revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will obtain a CP where you can determine the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoicing transaction software and web layouts for your web shop, and the automation of the entire process together with the growing demand for domain names make the domain reseller market niche so attractive. You will either have a pre-developed web site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web site and form for placing orders. Generally, you have the option to choose between the 2 possibilities, so it all revolves around how practiced you are in these things. As a domain reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Profit From Supplying Site Hosting Services As Well
A proper addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to users who wish to develop their website and need both a domain and a webspace hosting plan. Particular corporations have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free billing software to charge your customers. You can then sell domains and shared web hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to persons from all around the globe.