The Internet is an ever-expanding platform that supplies new possibilities to earn cash on the Web. One of these ways is to become a domain name reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blooming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain includes two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the requirements that each specific Top-Level Domain may have, like the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and manage all domain records.
Make Profit From Trading Domains
Multiple Registrars have reseller programs that permit people to earn money from offering domains to end users. If you sign up for such a program, you can kickstart your own personal Internet business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more persons in local districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will make a profit from 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.
Resell Domains Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will have a website hosting CP where you can set the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer billing transaction software and site layouts for your online shop, and the automation of the entire process combined with the enlarging demand for domain names render the domain reseller business niche so desirable. You will either get a ready-to-use website and make use of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web site and order form. Traditionally, you have the option to choose between the 2 alternatives, so it all revolves around how advanced you are in these matters. As a domain reseller, you will sell under your very own personal brand name and not under the Registrar's.
Make Profit From Providing Web Site Hosting Plans Too
A proper addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to clients who desire to have their web site and need both a domain name and a web page hosting package. A few companies provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice software to charge your customers. You can then offer top-level domain names and shared website hosting packages to clients, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all around the world.