The Internet is an ever-flourishing community that generates new opportunities to gain cash on the Internet. One of them is to be a domain reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently active domains, so this is a flourishing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain includes two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the prerequisites that each given Top-Level Domain may have, including the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain records.
Earn Money From Trading Domains
Many Registrars have reseller programs that allow people to gain revenue from offering domains to end users. If you register with such a program, you can launch your own Internet business. Typically, 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 reason is that resellers can reach more individuals in regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell Domain Names Under Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a website hosting Control Panel where you can set the prices for the specific TLDs that the Registrar offers. Most firms also offer billing software and web skins for your online shop, and the automation of the whole procedure combined with the high demand for domain names render the domain reseller market niche so desirable. You will either acquire a ready-made site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal portal and order form. Traditionally, you have the opportunity to pick between the two options, so it all revolves around how expert you are in these things. As a domain name reseller, you will work under your very own personal trademark name and not under the Registrar's.
Gain Profit From Reselling Web Page Hosting Packages As Well
A nice addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to users who wish to make their web portal and need both a domain name and a hosting account. Some firms offer such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your customers. You can then sell TLDs and shared web hosting accounts to customers, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the globe.