The Internet is an ever-developing platform that provides new options to gain cash on the Internet. One of these opportunities is to become a domain reseller and sell domains to end customers, 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 currently functioning domains, so this is a thriving marketing niche that you can be a part of.
TLDs and SLDs
A domain comprises 2 components - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that manages the registrations and sets the requirements that each particular Top-Level Domain may involve, among them the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all DNS resource records.
Make Revenue From Trading Domains
Numerous Registrars have reseller programs that enable individuals to make cash from offering domain names to end customers. If you register with such a program, you can begin your own Internet business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more customers in regional communities or countries 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 user pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domain Names Under Your Own Brand Name
When you subscribe to a domain name reseller program, you will obtain a site hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar offers. Most firms also offer invoicing transaction software and site layouts for your web storefront, and the automation of the whole procedure together with the enormous demand for domain names render the domain reseller market niche so tempting. You will either have a ready-made web site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own web page and order form. Generally, you have the option to select between the 2 options, so it all revolves around how experienced you are in these things. As a domain name reseller, you will sell on behalf of your very own trademark name and not under the Registrar's.
Gain Profit From Selling Web Space Hosting Services As Well
A relevant addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to customers who would like to manage their online portal and demand both a domain name and a web site hosting package. Particular corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to charge your clients. You can then offer domain names and shared hosting accounts to clients, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the world.