The Internet is an ever-growing network that provides new options to gain cash online. One of these opportunities is to be a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a flowering marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that handles the registrations and determines the preconditions that each particular Top-Level Domain may involve, like the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS records.
Make Revenue From Reselling Domain Names
A lot of Registrars have reseller programs that allow people to earn revenue from selling domain names to end clients. If you register with such a program, you can begin your own personal electronic business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more individuals in regional districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names Under Your Own Personal Brand Name
When you register with a domain reseller program, you will acquire a web space hosting CP where you can set the prices for the various Top-Level Domains that the Registrar provides. Most companies also provide billing transaction software and web page skins for your virtual store, and the automation of the whole process combined with the big demand for domain names render the domain reseller business niche so desirable. You will either get a pre-developed web site and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own online portal and form for placing orders. Generally, you have the option to select between the 2 alternatives, so it all revolves around how experienced you are in these matters. As a domain reseller, you will work under your very own brand name and not on behalf of the Registrar's.
Earn Profit From Providing Site Hosting Solutions As Well
A logical addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to people who wish to launch their web portal and need both a domain and a web space hosting plan. Particular companies offer such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to charge your clients. You can then offer domain names and shared hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.