The Internet is an ever-expanding platform that offers new possibilities to gain money on the Internet. One of these options is to become a domain name reseller and offer domains to end customers, 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 currently functioning domains, so this is a flowering marketing niche that you can be involved in.
TLDs and SLDs
A domain name comprises two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character 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 or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each given TLD may impose, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain resource records.
Earn Cash From Offering Domain Names
Multiple Registrars have reseller programs that permit individuals to gain revenue from selling domains to end customers. If you register with such a program, you can build your own electronic business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more individuals in provinces or countries where the Registrar may not be popular at all. This means 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 customer pays and the one that the Registrar requires for the domain name registration.
Trade TLDs On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will acquire a site hosting Control Panel where you can set the prices for the separate TLDs that the Registrar offers. Most companies also provide invoice software and site layouts for your online shop, and the automation of the entire process combined with the enlarging demand for domains render the domain name reseller industry so seductive. You will either obtain a pre-developed web site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal portal and order form. Typically, you have the opportunity to choose between the two alternatives, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will operate under your own trademark name and not under the Registrar's brand.
Make Cash From Supplying Web Page Hosting Packages As Well
A sensible addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to customers who wish to set up their website and demand both a domain name and a site hosting plan. Certain firms supply such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then offer domain names and shared hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.