The Internet is an ever-growing network that furnishes new possibilities to earn cash on the Internet. One of these ways is to become a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an organization that tackles the registrations and sets the requirements that each concrete Top-Level Domain may include, such as the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS records.
Gain Cash From Trading Domain Names
Numerous Registrars have reseller programs that enable people to gain cash from offering domains to end users. If you subscribe to such a program, you can kickstart your own Internet business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more people in regional communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell TLDs Under Your Very Own Brand Name
When you register with a domain name reseller program, you will have a website hosting CP where you can determine the prices for the specific TLDs that the Registrar provides. Most firms also offer invoice transaction software and web layouts for your virtual shop, and the automation of the whole procedure combined with the growing demand for domains make the domain reseller market niche so alluring. You will either obtain a ready-to-use site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and form for placing orders. Generally, you have the opportunity to select between the two alternatives, so it all revolves around how expert you are in these matters. As a domain name reseller, you will sell on behalf of your personal brand and not under the Registrar's.
Make Cash From Offering Web Site Hosting Services Too
A good supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to individuals who wish to have their site and demand both a domain and a web hosting account. Particular companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then offer top-level domain names and shared hosting packages to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the world.