The Internet is an ever-expanding system that delivers new opportunities to earn cash online. One of these opportunities is to be a domain name reseller and sell domains to end clients, making 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 an increasing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is made of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (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 gTLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each concrete TLD may include, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to clients and manage all DNS records.
Gain Revenue From Selling Domains
Numerous Registrars have reseller programs that allow individuals to earn profit from offering domains to end clients. If you register with such a program, you can start your very own electronic business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can reach more individuals in local districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Domains On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will receive a website hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide invoice software and web skins for your virtual shop, and the automation of the entire process combined with the large demand for domain names render the domain reseller business niche so desirable. You will either get a ready-made site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own portal and form for placing orders. Typically, you have the option to decide between the two options, so it all revolves around how skilled you are in these issues. As a domain reseller, you will sell under your own personal brand name and not under the Registrar's.
Gain Cash From Selling Website Hosting Packages Too
A perfect supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to persons who want to develop their online portal and need both a domain and a hosting plan. Some firms have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing software to bill your customers. You can then sell TLDs and shared website hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the world.