The Internet is an ever-expanding community that delivers new possibilities to gain cash online. One of these opportunities is to be a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is an expanding marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of two constituents - a top-level domain name (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 SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that manages the registrations and sets the requirements that each particular top-level domain name may entail, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to clients and administer all domain records.
Make Revenue From Offering Domains
Multiple Registrars have reseller programs that permit individuals to make money from offering domain names to end users. If you sign up for such a program, you can kickstart your own personal electronic business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more customers in regional communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Domains Under Your Own Trademark Name
When you sign up for a domain reseller program, you will get a hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer invoice software and web site skins for your web storefront, and the automation of the whole process together with the high demand for domain names render the domain reseller business so seductive. You will either have a pre-made web site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal website and form for placing orders. Usually, you have the opportunity to decide between the two alternatives, so it all revolves around how expert you are in these matters. As a domain name reseller, you will operate under your own trademark name and not on behalf of the Registrar's.
Earn Money From Selling Web Space Hosting Accounts Too
A perfect addition to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who desire to run their web site and require both a domain name and a web space hosting account. Given companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice software to charge your customers. You can then sell domain names and shared web hosting packages to clients, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the globe.