The Internet is an ever-expanding platform that delivers new options to gain cash on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a developing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain 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 TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete Top-Level Domain may involve, among them the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain resource records.
Earn Money From Selling Domains
Numerous Registrars have reseller programs that enable people to earn money from offering domain names to end users. If you register with such a program, you can start your very own online business. Generally, 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 persons in areas or states where the Registrar may not be known at all. This means 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 charges for the domain name registration.
Offer Top-Level Domain Names Under Your Personal Brand
When you sign up for a domain reseller program, you will have a hosting CP where you can fix the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer invoice software and web page themes for your virtual store, and the automation of the entire procedure combined with the rising demand for domain names make the domain name reseller business so tempting. You will either have a pre-developed web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web portal and form for placing orders. Normally, you have the opportunity to pick between the 2 possibilities, so it all depends on how trained you are in these things. As a domain name reseller, you will sell on behalf of your personal brand name and not on behalf of the Registrar's.
Make Revenue From Providing Hosting Services As Well
A perfect addition to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to persons who would like to launch their site and demand both a domain and a web hosting account. Certain corporations have such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then offer domain names and shared website hosting packages to clients, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.