The Internet is an ever-expanding system that offers new ways to gain money online. One of these options is to be a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a flourishing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that deals with the registrations and sets the prerequisites that each particular top-level domain name may include, among them the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain records.
Earn Cash From Reselling Domain Names
Lots of Registrars have reseller programs that enable people to earn cash from selling domains to end customers. If you register with such a program, you can kickstart your very own Internet business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more customers in local districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names Under Your Very Own Personal Brand
When you register with a domain name reseller program, you will obtain a website hosting CP where you can settle the prices for the various top-level domain names that the Registrar offers. Most companies also provide billing management software and layouts for your virtual store, and the automation of the whole process coupled with the high demand for domain names make the domain reseller market so tempting. You will either have a turn-key site and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Usually, you have the option to select between the 2 possibilities, so it all depends on how trained you are in these issues. As a domain reseller, you will work under your own personal brand and not under the Registrar's brand.
Make Revenue From Supplying Web Space Hosting Packages As Well
A nice addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to persons who would like to build their web site and require both a domain and a site hosting plan. A few corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing management software to charge your clients. You can then sell domains and shared hosting packages to customers, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to customers from all around the globe.