The Internet is an ever-flourishing network that furnishes new ways to earn money on the Internet. One of these opportunities is to be a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is made of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-character abbreviations that correspond to 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 TLD, has a Registry - an organization that handles the registrations and determines the requirements that each particular Top-Level Domain may impose, such as the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain records.
Earn Cash From Offering Domains
A lot of Registrars have reseller programs that permit individuals to make profit from offering domains to end users. If you subscribe to such a program, you can establish your very own web business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more persons in local communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a hosting Control Panel where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most firms also offer invoicing transaction software and web layouts for your online store, and the automation of the entire process coupled with the huge demand for domain names make the domain name reseller market niche so tempting. You will either have a turn-key website and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own site and order form. Commonly, you have the option to decide between the two options, so it all revolves around how proficient you are in these things. As a domain name reseller, you will work under your very own personal brand name and not under the Registrar's.
Make Cash From Selling Web Space Hosting Plans Too
A suitable addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to persons who would like to build their site and need both a domain and a website hosting package. Some companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing management software to charge your customers. You can then offer domain names and shared hosting accounts to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to individuals from all around the world.