The Internet is an ever-expanding network that supplies new opportunities to earn cash on the Web. One of them is to become a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is a flourishing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that signify 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 gTLD or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the requirements that each given top-level domain name may impose, such as the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain resource records.
Gain Cash From Offering Domain Names
Many Registrars have reseller programs that enable people to make cash from offering domain names to end users. If you sign up for such a program, you can kickstart your very own personal web business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can reach more users in local communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will benefit from 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 Domains On Behalf Of Your Own Brand Name
When you register with a domain name reseller program, you will obtain a web hosting CP where you can settle the prices for the specific top-level domain names that the Registrar offers. Most firms also provide invoice transaction software and design skins for your online store, and the automation of the entire process together with the strong demand for domains make the domain name reseller market niche so attractive. You will either receive a ready-made website and use the Registrar platform to resell domains, 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. Usually, you have the option to pick between the two possibilities, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will do business on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Earn Revenue From Offering Site Hosting Accounts As Well
An appropriate supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to clients who desire to have their website and require both a domain name and a site hosting account. Given corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then offer domains and shared website hosting packages to customers, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to users from all over the world.