The Internet is an ever-developing system that provides new opportunities to gain cash online. One of these opportunities is to be a domain name reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a developing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is composed of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that signify each country. Examples of country-code top-level domain names 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 institution that manages the registrations and determines the requirements that each specific Top-Level Domain may entail, including the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain name records.
Earn Profit From Offering Domains
Multiple Registrars have reseller programs that enable people to earn profit from offering domain names to end users. If you register with such a program, you can commence your very own e-business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more people in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer TLDs On Behalf Of Your Very Own Brand
When you register with a domain name reseller program, you will have a web space hosting CP where you can fix the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide billing management software and site skins for your online shop, and the automation of the whole procedure together with the enormous demand for domain names render the domain name reseller business so tempting. You will either obtain a ready-to-use web site and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own site and order form. Usually, you have the opportunity to choose between the 2 alternatives, so it all revolves around how experienced you are in these things. As a domain reseller, you will sell on behalf of your own trademark name and not under the Registrar's.
Gain Profit From Supplying Webspace Hosting Plans As Well
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to persons who wish to build their online portal and need both a domain and a web page hosting plan. A number of corporations supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to charge your clients. You can then offer domains and shared hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.