The Internet is an ever-growing network that offers new possibilities to gain cash on the Web. One of these ways is to become a domain reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a flowering marketing niche that you can be engaged in.
TLDs and SLDs
A domain contains two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-letter abbreviations that denote 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 generic or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the prerequisites that each particular top-level domain name may have, such as the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name resource records.
Gain Revenue From Trading Domain Names
A lot of Registrars have reseller programs that permit people to earn profit from offering domain names to end clients. If you sign up for such a program, you can start your own e-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 user. The cause is that resellers can contact more people in local regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide invoicing transaction software and web templates for your online storefront, and the automation of the entire procedure combined with the high demand for domain names render the domain reseller market so seductive. You will either get a pre-built site and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own web portal and order form. Commonly, you have the option to select between the 2 alternatives, so it all revolves around how expert you are in these affairs. As a domain reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's brand.
Earn Cash From Promoting Website Hosting Packages As Well
A suitable supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to people who desire to launch their web page and demand both a domain and a web space hosting account. A few corporations provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your clients. You can then sell top-level domain names and shared hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to users from all over the world.