The World Wide Web is an ever-increasing community that delivers new ways to make cash on the Internet. One of these opportunities is to be a domain reseller and offer domains to end customers, generating profit 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 presently active domains, so this is a growing marketing niche that you can be engaged in.
TLDs and SLDs
A domain name comprises two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that stand for each country. Instances 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 top-level domain name, has a Registry - an institution that administers the registrations and sets the requirements that each given TLD may involve, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain name records.
Make Money From Selling Domains
Plenty of Registrars have reseller programs that enable individuals to make revenue from selling domains to end customers. If you sign up for such a program, you can establish your very own personal online business. Generally, a domain will cost less 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 clients in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Domains Under Your Own Brand
When you subscribe to a domain reseller program, you will obtain a web site hosting CP where you can select the prices for the different TLDs that the Registrar offers. Most companies also offer invoice management software and web layouts for your virtual store, and the automation of the entire process coupled with the strong demand for domains make the domain reseller industry so seductive. You will either have a turn-key web site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and order form. Traditionally, you have the opportunity to decide between the two possibilities, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will do business under your very own personal brand name and not under the Registrar's.
Earn Cash From Providing Web Page Hosting Packages Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to customers who desire to run their site and need both a domain name and a website hosting plan. Some corporations provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice management software to charge your clients. You can then offer Top-Level Domains and shared hosting plans to customers, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.