The Internet is an ever-developing platform that offers new options to make cash on the Internet. One of these possibilities is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a blooming marketing niche that you can become involved in.
TLDs and SLDs
A domain comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the preconditions that each specific top-level domain name may involve, among them the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain name resource records.
Gain Profit From Offering Domain Names
Multiple Registrars have reseller programs that permit individuals to gain cash from selling domains to end clients. If you sign up for such a program, you can launch your very own online business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more persons in local regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domain Names Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will receive a web site hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and web themes for your online shop, and the automation of the whole process coupled with the flourishing demand for domain names make the domain name reseller business so attractive. You will either obtain a ready-for-use web site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web site and form for placing orders. Traditionally, you have the opportunity to pick between the two alternatives, so it all depends on how accomplished you are in these issues. As a domain name reseller, you will do business under your own brand and not on behalf of the Registrar's.
Gain Revenue From Trading Site Hosting Plans Too
A relevant supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to clients who desire to create their web site and demand both a domain name and a web hosting package. Certain companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to charge your customers. You can then offer domain names and shared hosting plans to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.