The Internet is an ever-developing system that delivers new ways to gain money on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently active domain names, so this is a flourishing marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain comprises 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-letter abbreviations that signify 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 TLD, has a Registry - an institution that tackles the registrations and determines the preconditions that each concrete TLD may contain, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain name records.
Earn Profit From Reselling Domain Names
Lots of Registrars have reseller programs that enable people to make cash from selling domains to end customers. If you sign up for such a program, you can kick off your own personal e-business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can reach more people in areas or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will have a web page hosting CP where you can settle the prices for the specific top-level domain names that the Registrar offers. Most firms also offer invoice software and web design themes for your online shop, and the automation of the entire process combined with the rising demand for domain names make the domain name reseller industry so desirable. You will either have a pre-made web site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own portal and order form. Traditionally, you have the opportunity to decide between the 2 possibilities, so it all revolves around how advanced you are in these affairs. As a domain name reseller, you will operate under your personal brand name and not under the Registrar's brand.
Gain Profit From Selling Site Hosting Plans Too
A relevant supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who wish to build their web site and demand both a domain and a web page hosting plan. Particular firms offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to bill your customers. You can then offer domain names and shared hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to persons from all over the globe.