The World Wide Web is an ever-flourishing community that offers new possibilities to gain cash on the Web. One of these opportunities is to be a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently active domains, so this is a blossoming marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-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 gTLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each specific TLD may include, like the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain resource records.
Gain Cash From Trading Domain Names
Plenty of Registrars have reseller programs that enable people to make profit from selling domains to end customers. If you sign up for such a program, you can initiate your very own online business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more users in local regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a CP where you can set the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoicing software and design layouts for your web storefront, and the automation of the whole process coupled with the big demand for domains render the domain reseller market niche so desirable. You will either receive a turn-key website and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own online portal and order form. Generally, you have the option to select between the two options, so it all revolves around how skillful you are in these things. As a domain reseller, you will do business under your own personal trademark name and not under the Registrar's brand.
Earn Cash From Reselling Web Space Hosting Solutions Too
An appropriate supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to persons who want to manage their web page and demand both a domain name and a web page hosting account. Some companies offer such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then offer domains and shared hosting packages to clients, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to clients from all over the world.