The Internet is an ever-flourishing platform that furnishes new opportunities to gain cash on the Internet. One of these options is to become a domain name reseller and sell domain names to end clients, gaining 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 millions of presently active domain names, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-character abbreviations that denote 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 generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each given TLD may have, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name records.
Earn Profit From Trading Domain Names
Multiple Registrars have reseller programs that permit individuals to earn revenue from selling domain names to end clients. If you sign up for such a program, you can initiate your own personal web business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more people in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade TLDs On Behalf Of Your Own Personal Trademark Name
When you register with a domain name reseller program, you will have a site hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and web themes for your online storefront, and the automation of the entire process combined with the strong demand for domains render the domain name reseller market niche so seductive. You will either obtain a ready-made web site and avail of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal site and order form. Commonly, you have the opportunity to decide between the 2 options, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will do business under your own personal brand and not under the Registrar's brand.
Make Cash From Offering Hosting Services As Well
An appropriate addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to individuals who want to create their web portal and require both a domain and a website hosting package. Given corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice transaction software to bill your clients. You can then sell domains and shared website hosting packages to clients, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all over the world.