The Internet is an ever-enlarging platform that provides new possibilities to gain money on the Internet. One of them is to become a domain name reseller and offer domains to end customers, 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 every day, and there are millions of presently functioning domains, so this is a thriving marketing niche that you can become a part of.
TLDs and SLDs
A domain includes 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-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 organization that tackles the registrations and determines the preconditions that each specific Top-Level Domain may include, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain resource records.
Make Cash From Trading Domain Names
A lot of Registrars have reseller programs that permit individuals to gain revenue from selling domain names to end users. If you subscribe to such a program, you can commence your very own personal online business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more individuals in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will have a site hosting CP where you can set the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoicing software and web page layouts for your virtual shop, and the automation of the entire process combined with the flourishing demand for domains make the domain reseller business so alluring. You will either receive a ready-to-use site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own website and form for placing orders. Generally, you have the opportunity to pick between the two alternatives, so it all revolves around how experienced you are in these matters. As a domain reseller, you will work on behalf of your own brand name and not on behalf of the Registrar's.
Make Revenue From Promoting Web Hosting Solutions Too
An excellent supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to individuals who wish to run their website and demand both a domain name and a webspace hosting package. Some firms have such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to charge your customers. You can then sell domain names and shared hosting plans to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to customers from all over the globe.