The Internet is an ever-developing system that offers new ways to make cash on the Web. One of these options is to become a domain reseller and offer domains to end clients, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flowering marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name contains two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter 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 top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the requirements that each particular top-level domain name may impose, like the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain resource records.
Earn Profit From Selling Domain Names
Many Registrars have reseller programs that allow individuals to earn revenue from selling domain names to end users. If you sign up for such a program, you can kickstart your very own web business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more people in local districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can settle the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoicing software and web themes for your online store, and the automation of the whole procedure together with the enlarging demand for domains render the domain name reseller business so seductive. You will either acquire a ready-to-use site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own site and form for placing orders. Traditionally, you have the option to choose between the two options, so it all revolves around how trained you are in these issues. As a domain reseller, you will sell on behalf of your personal brand and not under the Registrar's brand.
Earn Cash From Supplying Web Space Hosting Packages Too
A suitable addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to persons who desire to have their web portal and demand both a domain and a web page hosting package. Some corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing management software to charge your clients. You can then offer domains and shared web hosting packages to customers, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to customers from all over the world.