The Internet is an ever-growing platform that generates new ways to earn cash online. One of them is to be a domain reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name comprises 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each given TLD may contain, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Make Revenue From Trading Domains
Plenty of Registrars have reseller programs that allow individuals to make money from offering domain names to end users. If you register with such a program, you can begin your very own personal web business. Generally, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more clients in regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will capitalize 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 Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a web space hosting CP where you can settle the prices for the specific TLDs that the Registrar offers. Most corporations also provide invoice transaction software and web skins for your virtual storefront, and the automation of the whole process coupled with the enormous demand for domains render the domain reseller industry so seductive. You will either have a pre-made web site and utilize 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 own online portal and form for placing orders. Generally, you have the opportunity to decide between the two possibilities, so it all revolves around how skilled you are in these issues. As a domain reseller, you will sell under your own personal trademark name and not under the Registrar's brand.
Earn Money From Providing Web Hosting Packages Too
A logical addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to customers who would like to develop their site and demand both a domain name and a site hosting plan. A few companies offer such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to bill your clients. You can then offer TLDs and shared web hosting packages to customers, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to users from all over the world.