The Internet is an ever-flourishing platform that offers new possibilities to gain cash on the Web. One of them is to be a domain name reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a growing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain consists of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each specific top-level domain name may include, like the duration 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 clients and administer all DNS records.
Earn Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain money from selling domain names to end customers. If you subscribe to such a program, you can kick off your very own personal Internet business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more people in provinces or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell TLDs On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will have a website hosting CP where you can select the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoicing software and web layouts for your virtual shop, and the automation of the whole process together with the rising demand for domains render the domain reseller industry so tempting. You will either receive a ready-for-use website and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own web site and order form. Commonly, you have the option to choose between the two options, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will do business under your very own personal trademark name and not under the Registrar's.
Earn Money From Providing Website Hosting Packages Too
An excellent addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to people who would like to make their web page and demand both a domain and a web space hosting account. Particular corporations furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing management software to bill your clients. You can then offer domains and shared hosting accounts to clients, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.