The Internet is an ever-flourishing community that furnishes new options to earn cash on the Internet. One of them is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently active domain names, so this is a flowering marketing niche that you can become involved in.
TLDs and SLDs
A domain involves two constituents - 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 SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 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 name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the prerequisites that each specific Top-Level Domain may involve, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and manage all domain records.
Gain Cash From Trading Domain Names
A lot of Registrars have reseller programs that enable people to earn profit from selling domain names to end clients. If you subscribe to such a program, you can build your own electronic business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more people in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a website hosting CP where you can fix the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice software and design skins for your online store, and the automation of the whole process combined with the considerable demand for domain names render the domain name reseller market so alluring. You will either get a ready-to-use site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web page and order form. Normally, you have the option to decide between the two possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will work under your very own trademark name and not under the Registrar's.
Gain Money From Reselling Web Space Hosting Accounts Too
A suitable addition to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who want to have their web page and require both a domain name and a webspace hosting package. Certain corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice management software to bill your clients. You can then sell Top-Level Domains and shared website hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to clients from all over the globe.