The Internet is an ever-expanding community that furnishes new ways to make cash on the Internet. One of these opportunities 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 and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a thriving marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".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 Top-Level Domains include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an institution that deals with the registrations and determines the prerequisites that each given top-level domain name may impose, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS resource records.
Make Revenue From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to gain cash from selling domain names to end customers. If you subscribe to such a program, you can launch your own Internet business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more persons in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will acquire a web space hosting Control Panel where you can choose the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer invoicing transaction software and design skins for your web store, and the automation of the whole process combined with the swelling demand for domain names render the domain reseller market niche so attractive. You will either get a pre-developed site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and form for placing orders. Traditionally, you have the option to choose between the 2 possibilities, so it all depends on how skillful you are in these issues. As a domain name reseller, you will do business under your very own brand and not under the Registrar's.
Make Money From Trading Website Hosting Plans As Well
A proper supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to customers who would like to make their web portal and need both a domain and a web space hosting package. A few firms provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to charge your customers. You can then offer Top-Level Domains and shared web hosting plans to clients, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.