The Internet is an ever-expanding community that provides new options to gain cash on the Web. One of these options is to be a domain name reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a blossoming marketing niche that you can become engaged in.
TLDs and SLDs
A domain name is made of two parts - 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 domain names can be generic or country code. The generic top-level domain names include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the requirements that each given Top-Level Domain may impose, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name resource records.
Gain Revenue From Selling Domains
Lots of Registrars have reseller programs that permit people to earn cash from offering domains to end customers. If you register with such a program, you can set up your own personal electronic business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more people in local communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Domain Names Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will receive a web space hosting Control Panel where you can select the prices for the various TLDs that the Registrar offers. Most companies also offer billing transaction software and web page templates for your virtual shop, and the automation of the entire procedure together with the large demand for domain names render the domain name reseller market niche so tempting. You will either receive a pre-made web site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and order form. Normally, you have the opportunity to choose between the two possibilities, so it all revolves around how expert you are in these matters. As a domain name reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's brand.
Make Cash From Offering Web Site Hosting Services As Well
A good addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to persons who desire to create their website and need both a domain and a website hosting plan. A few companies supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice transaction software to charge your customers. You can then sell Top-Level Domains and shared hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.