The Internet is an ever-flourishing platform that delivers new possibilities to earn cash on the Internet. One of these possibilities is to be a domain name reseller and offer domain names to end clients, generating 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 domains, so this is a growing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is composed of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and determines the requirements that each particular TLD may impose, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and manage all domain records.
Earn Revenue From Reselling Domain Names
Multiple Registrars have reseller programs that allow individuals to make profit from offering domains to end clients. If you sign up for such a program, you can begin your very own personal Internet business. Commonly, a domain 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 contact more customers in local regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Domain Names On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will acquire a website hosting CP where you can settle the prices for the different top-level domain names that the Registrar offers. Most firms also provide billing management software and web layouts for your virtual shop, and the automation of the whole process together with the growing demand for domains render the domain name reseller market niche so attractive. You will either acquire a turn-key website and utilize the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Commonly, you have the opportunity to select between the 2 alternatives, so it all depends on how trained you are in these affairs. As a domain name reseller, you will sell on behalf of your own trademark name and not on behalf of the Registrar's.
Gain Revenue From Providing Web Page Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to persons who desire to create their web site and need both a domain and a web hosting plan. Certain firms offer such options. With 'ResellersPanel', for instance, 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 sell top-level domain names and shared web hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.