The Internet is an ever-enlarging community that furnishes new options to gain money on the Internet. 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 domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a flourishing marketing niche that you can become a part of.
TLDs and SLDs
A domain consists of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each concrete top-level domain name may include, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain records.
Make Money From Selling Domains
Plenty of Registrars have reseller programs that allow people to make profit from offering domains to end clients. If you sign up for such a program, you can build your very own electronic business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more users in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue 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 Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a site hosting CP where you can settle the prices for the various top-level domain names that the Registrar provides. Most companies also provide billing software and web page skins for your virtual storefront, and the automation of the whole process combined with the immense demand for domain names make the domain name reseller market niche so tempting. You will either obtain a turn-key website 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 create your own web portal and order form. Usually, you have the opportunity to choose between the two options, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will operate on behalf of your very own personal trademark name and not under the Registrar's brand.
Gain Cash From Promoting Web Site Hosting Plans Too
An adequate supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to clients who wish to establish their site and require both a domain and a site hosting account. Given firms provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to charge your customers. You can then offer top-level domain names and shared website hosting plans to clients, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.