The Internet is an ever-increasing system that supplies new ways to gain money on the Internet. One of these ways is to be a domain name reseller and offer domain names to end clients, making 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 a blooming marketing niche that you can become a part of.
TLDs and SLDs
A domain consists of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-character abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each specific TLD may involve, including the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain records.
Gain Cash From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to make revenue from offering domain names to end clients. If you sign up for such a program, you can launch your own personal online business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regional communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will get a web space hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide billing transaction software and templates for your web shop, and the automation of the entire procedure together with the swelling demand for domain names render the domain reseller industry so attractive. You will either get a pre-made site and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web page and form for placing orders. Typically, you have the option to choose between the two possibilities, so it all depends on how skilled you are in these issues. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Make Profit From Reselling Site Hosting Accounts As Well
An excellent addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to persons who desire to have their web site and require both a domain name and a website hosting package. Certain companies supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoice software to bill your clients. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the globe.