The Internet is an ever-enlarging community that supplies new opportunities to gain money on the Web. One of these ways is to be a domain name reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domains, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the prerequisites that each particular top-level domain name may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and manage all domain name records.
Make Cash From Selling Domain Names
Many Registrars have reseller programs that allow people to make money from offering domains to end clients. If you subscribe to such a program, you can initiate your very own e-business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more persons in local districts or states where the Registrar may not be known whatsoever. This implies 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 levies for the domain registration.
Sell Top-Level Domains Under Your Own Brand Name
When you subscribe to a domain name reseller program, you will get a web hosting Control Panel where you can select the prices for the separate TLDs that the Registrar provides. Most companies also offer invoice software and web layouts for your online storefront, and the automation of the entire process together with the vast demand for domains render the domain name reseller market so attractive. You will either obtain a pre-made site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web page and order form. Normally, you have the option to choose between the two options, so it all depends on how proficient you are in these issues. As a domain name reseller, you will work on behalf of your very own personal brand and not under the Registrar's.
Gain Cash From Offering Site Hosting Solutions Too
A suitable supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who would like to establish their web portal and require both a domain name and a webspace hosting account. Certain corporations furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to charge your clients. You can then sell TLDs and shared hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to people from all around the globe.