The Internet is an ever-growing system that generates new possibilities to make money on the Internet. One of these ways is to become a domain reseller and sell domain names 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 1 000 000's of presently functioning domain names, so this is a thriving marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of two parts - a top-level domain name (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 TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete top-level domain name may entail, including the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name resource records.
Make Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to make cash from selling domains to end customers. If you sign up for such a program, you can kickstart your own electronic business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more customers in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a site hosting CP where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and web layouts for your web shop, and the automation of the entire process combined with the increasing demand for domain names render the domain name reseller market so tempting. You will either have a pre-built site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own web site and order form. Usually, you have the opportunity to pick between the two alternatives, so it all revolves around how skilled you are in these issues. As a domain reseller, you will operate under your very own personal brand name and not under the Registrar's brand.
Earn Cash From Trading Site Hosting Services Too
A sensible addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to customers who would like to have their website and require both a domain and a web hosting account. A number of corporations provide such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to bill your clients. You can then sell domain names and shared web hosting accounts to clients, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.