The Internet is an ever-expanding network that furnishes new possibilities to earn cash online. One of these possibilities is to be a domain reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an expanding marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain consists 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 Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that manages the registrations and determines the requirements that each concrete top-level domain name may entail, among them the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name resource records.
Earn Money From Selling Domain Names
A lot of Registrars have reseller programs that allow people to gain money from selling domain names to end users. If you register with such a program, you can start your very own web business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more people in provinces or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Resell Domain Names Under Your Very Own Brand
When you sign up for a domain reseller program, you will obtain a web site hosting Control Panel where you can choose the prices for the various TLDs that the Registrar offers. Most companies also provide invoicing software and web site skins for your virtual store, and the automation of the entire process combined with the high demand for domain names make the domain reseller business so alluring. You will either receive a pre-made web site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal site and form for placing orders. Normally, you have the option to select between the two alternatives, so it all revolves around how expert you are in these things. As a domain reseller, you will work under your very own personal brand and not under the Registrar's brand.
Earn Money From Providing Website Hosting Packages As Well
A proper addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to customers who desire to launch their web site and need both a domain and a web hosting package. A few companies furnish such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then sell TLDs and shared website hosting packages to clients, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to clients from all around the world.