The Internet is an ever-increasing platform that furnishes new possibilities to earn money online. One of these ways is to become a domain reseller and offer domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a thriving marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the prerequisites that each specific TLD may contain, like the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name resource records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that enable people to earn money from offering domain names to end users. If you register with such a program, you can build your very own Internet business. Commonly, 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 user. The reason is that resellers can reach more users in local districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade TLDs On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will obtain a CP where you can settle the prices for the separate TLDs that the Registrar offers. Most companies also provide invoice software and web site layouts for your online storefront, and the automation of the whole process combined with the big demand for domains make the domain reseller market niche so seductive. You will either get a pre-built web site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own web site and form for placing orders. Traditionally, you have the option to choose between the two options, so it all revolves around how accomplished you are in these issues. As a domain name reseller, you will operate under your own brand name and not on behalf of the Registrar's.
Gain Revenue From Reselling Site Hosting Packages Too
A proper addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to customers who want to create their web page and require both a domain name and a web site hosting package. Particular firms offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice software to bill your customers. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.