The Internet is an ever-expanding system that delivers new opportunities to earn cash on the Web. One of these possibilities is to become a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is an expanding marketing niche that you can be involved in.
TLDs and SLDs
A domain includes 2 constituents - 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 second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each particular TLD may include, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name resource records.
Make Cash From Reselling Domain Names
Plenty of Registrars have reseller programs that enable people to make profit from selling domains to end clients. If you subscribe to such a program, you can establish your own electronic business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more customers in local regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Domain Names Under Your Very Own Brand
When you register with a domain reseller program, you will acquire a site hosting CP where you can set the prices for the different Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and design skins for your web shop, and the automation of the entire process together with the swelling demand for domain names render the domain reseller market so desirable. You will either get a pre-built site and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own online portal and order form. Traditionally, you have the option to decide between the 2 alternatives, so it all revolves around how trained you are in these things. As a domain name reseller, you will sell on behalf of your personal brand name and not under the Registrar's brand.
Gain Money From Supplying Web Space Hosting Services As Well
A nice supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to people who desire to establish their web portal and demand both a domain and a site hosting account. Some corporations furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing transaction software to charge your customers. You can then offer top-level domain names and shared hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to users from all over the globe.