The Internet is an ever-increasing platform that supplies new possibilities to gain cash online. One of these possibilities is to become a domain reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 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 Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each given top-level domain name may impose, including the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain records.
Gain Money From Selling Domains
Plenty of Registrars have reseller programs that permit people to make cash from selling domains to end users. If you subscribe to such a program, you can launch your very own Internet business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more individuals in local regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer TLDs On Behalf Of Your Own Brand
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can choose the prices for the separate top-level domain names that the Registrar provides. Most firms also offer billing software and web page templates for your web store, and the automation of the whole procedure coupled with the increasing demand for domain names render the domain reseller market so desirable. You will either obtain a ready-for-use web site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Commonly, you have the option to pick between the two options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will do business under your very own brand name and not on behalf of the Registrar's.
Earn Revenue From Promoting Webspace Hosting Accounts Too
A relevant supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to people who desire to set up their online portal and require both a domain name and a web hosting plan. Certain corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing software to charge your clients. You can then sell top-level domain names and shared web hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.