The World Wide Web is an ever-increasing platform that supplies new options to make cash on the Web. One of these opportunities is to become a domain name reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a blossoming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-letter abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and sets the requirements that each particular Top-Level Domain may entail, like the length of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain records.
Earn Cash From Reselling Domains
Numerous Registrars have reseller programs that permit individuals to make profit from offering domain names to end customers. If you register with such a program, you can initiate your own online business. Commonly, a domain name 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 contact more people in regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Trademark Name
When you subscribe to a domain name reseller program, you will get a web space hosting CP where you can fix the prices for the specific TLDs that the Registrar provides. Most corporations also offer invoice software and web skins for your online storefront, and the automation of the whole procedure combined with the expanding demand for domains render the domain reseller business so alluring. You will either receive a ready-to-use site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Generally, you have the opportunity to decide between the two options, so it all depends on how advanced you are in these affairs. As a domain reseller, you will do business under your very own personal brand name and not under the Registrar's.
Make Money From Promoting Webspace Hosting Plans Too
A reasonable supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to users who would like to have their web site and need both a domain name and a web space hosting plan. Given corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your clients. You can then offer TLDs and shared web hosting packages to clients, and since they offer many different domain extensions, you will be able to offer domain and hosting services to users from all over the world.