The Internet is an ever-developing platform that supplies new possibilities to gain cash online. One of these possibilities is to be a domain reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a blooming marketing niche that you can be involved in.
TLDs and SLDs
A domain involves two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the requirements that each given top-level domain name may impose, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain name resource records.
Make Profit From Offering Domain Names
Many Registrars have reseller programs that allow people to gain cash from selling domains to end users. If you subscribe to such a program, you can begin your very own online business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more people in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Trade Domain Names Under Your Own Trademark Name
When you sign up for a domain name reseller program, you will have a web site hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and web site layouts for your online shop, and the automation of the entire procedure coupled with the great demand for domains render the domain reseller business niche so attractive. You will either have a turn-key site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web portal and form for placing orders. Traditionally, you have the option to select between the 2 options, so it all revolves around how accomplished you are in these things. As a domain reseller, you will do business on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Gain Cash From Trading Webspace Hosting Packages As Well
An excellent supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to users who would like to manage their online portal and require both a domain and a hosting account. Certain companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to charge your customers. You can then offer TLDs and shared website hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to persons from all around the globe.