The Internet is an ever-increasing network that provides new opportunities to make cash on the Internet. One of these opportunities is to become a domain name reseller and offer domain names to end customers, making profit 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 currently functioning domain names, so this is a flourishing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises two pieces - 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 and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the preconditions that each specific top-level domain name may impose, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and handle all domain resource records.
Gain Cash From Offering Domain Names
A lot of Registrars have reseller programs that enable individuals to make money from offering domain names to end clients. If you sign up for such a program, you can kickstart your own Internet business. Usually, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more people in provinces or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domains On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will obtain a web page hosting Control Panel where you can determine the prices for the various Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and website layouts for your online shop, and the automation of the whole process combined with the enormous demand for domain names render the domain reseller business niche so seductive. You will either receive a ready-made web site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal website and form for placing orders. Commonly, you have the opportunity to pick between the 2 options, so it all revolves around how proficient you are in these matters. As a domain reseller, you will operate under your own personal brand and not under the Registrar's brand.
Gain Money From Selling Web Space Hosting Solutions Too
A perfect supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to customers who desire to create their site and require both a domain and a web site hosting plan. A number of firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to charge your clients. You can then offer domains and shared web hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to people from all over the world.