The Internet is an ever-flourishing system that furnishes new options to make cash on the Internet. One of these ways is to be a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domain names, so this is a flowering marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-letter abbreviations that symbolize 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 top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and sets the requirements that each given top-level domain name may involve, among them the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Make Cash From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to make profit from selling domain names to end users. If you sign up for such a program, you can start your very own electronic business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can contact more people in regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides 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 charges for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a webspace hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most corporations also offer invoicing software and web design layouts for your virtual shop, and the automation of the whole process coupled with the expanding demand for domains make the domain reseller business niche so seductive. You will either obtain a pre-developed web site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Generally, you have the option to pick between the 2 possibilities, so it all revolves around how experienced you are in these issues. As a domain name reseller, you will operate on behalf of your personal trademark name and not under the Registrar's brand.
Gain Money From Selling Web Hosting Packages Too
A nice supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to people who wish to build their web portal and demand both a domain name and a hosting account. A few firms furnish such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free billing software to charge your clients. You can then sell domain names and shared web hosting plans to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to people from all around the globe.