The Internet is an ever-developing platform that delivers new ways to gain cash on the Internet. One of these possibilities is to become a domain reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is an expanding marketing niche that you can become involved in.
TLDs and SLDs
A domain name is made of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and sets the preconditions that each given Top-Level Domain may contain, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain resource records.
Make Profit From Offering Domains
Lots of Registrars have reseller programs that allow people to make revenue from offering domain names to end users. If you sign up for such a program, you can kickstart your own web business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more customers in provinces 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 Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a web site hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer billing software and web page themes for your virtual storefront, and the automation of the entire procedure coupled with the considerable demand for domains make the domain name reseller market niche so alluring. You will either get a ready-made web site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Usually, you have the option to select between the 2 possibilities, so it all revolves around how skilled you are in these things. As a domain name reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's.
Make Revenue From Offering Web Site Hosting Accounts Too
A reasonable addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to customers who wish to build their web portal and demand both a domain and a web hosting account. Certain companies supply such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing software to bill your clients. You can then offer TLDs and shared hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the world.