The Internet is an ever-growing community that generates new possibilities to make cash on the Web. One of these options is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of currently active domains, so this is a blossoming marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-character abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each particular top-level domain name may contain, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name resource records.
Gain Cash From Selling Domain Names
Lots of Registrars have reseller programs that enable individuals to earn cash from selling domain names to end customers. If you register with such a program, you can initiate your own e-business. Typically, a domain will be more inexpensive 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 individuals in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade Domain Names Under Your Own Brand Name
When you sign up for a domain name reseller program, you will obtain a web site hosting CP where you can choose the prices for the separate top-level domain names that the Registrar offers. Most companies also provide invoice management software and web design themes for your online shop, and the automation of the entire procedure coupled with the vast demand for domains make the domain reseller market niche so seductive. You will either acquire a pre-developed web site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Normally, you have the option to select between the two alternatives, so it all depends on how trained you are in these affairs. As a domain reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Supplying Web Space Hosting Services Too
A suitable addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to persons who want to establish their web portal and need both a domain name and a hosting plan. A number of firms furnish such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing software to bill your clients. You can then offer domains and shared web hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to customers from all over the world.