The Internet is an ever-enlarging community that furnishes new possibilities to gain cash on the Internet. One of these ways is to become a domain reseller and sell domain names to end clients, 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 millions of presently functioning domain names, so this is an expanding marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains 2 pieces - 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 SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete TLD may contain, among them the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to clients and handle all domain name resource records.
Make Money From Trading Domain Names
Plenty of Registrars have reseller programs that allow individuals to earn profit from offering domains to end users. If you sign up for such a program, you can establish your very own personal electronic business. Usually, a domain name will be cheaper 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 contact more clients in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Domain Names Under Your Personal Brand
When you subscribe to a domain reseller program, you will acquire a web site hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most companies also provide invoice software and web page skins for your online shop, and the automation of the whole procedure coupled with the swelling demand for domains make the domain reseller market niche so alluring. You will either get a ready-to-use site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web portal and order form. Commonly, you have the opportunity to select between the two possibilities, so it all revolves around how skilled you are in these issues. As a domain reseller, you will work under your own personal trademark name and not under the Registrar's brand.
Gain Cash From Trading Web Site Hosting Plans Too
An excellent supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to clients who want to establish their site and need both a domain and a web site hosting account. Some corporations furnish such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your customers. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to people from all over the world.