The Internet is an ever-increasing community that provides new opportunities to earn cash on the Web. One of these options is to become a domain reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is an expanding marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-letter abbreviations that denote 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 TLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each specific top-level domain name may have, like the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS records.
Earn Cash From Trading Domains
Lots of Registrars have reseller programs that permit people to gain profit from selling domain names to end clients. If you subscribe to such a program, you can kickstart your very own personal Internet business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more users in local regions or states where the Registrar may not be popular at all. This implies 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 levies for the domain registration.
Sell TLDs Under Your Personal Trademark Name
When you sign up for a domain reseller program, you will have a Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide invoice management software and design skins for your web shop, and the automation of the whole process together with the big demand for domains make the domain reseller market niche so seductive. You will either acquire a ready-to-use site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web site and form for placing orders. Traditionally, you have the opportunity to pick between the two alternatives, so it all revolves around how experienced you are in these matters. As a domain reseller, you will do business under your very own brand name and not on behalf of the Registrar's brand.
Gain Cash From Trading Hosting Accounts Too
A good addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to individuals who would like to run their web portal and demand both a domain and a website hosting plan. A number of companies supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to bill your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to individuals from all around the world.