The Internet is an ever-growing network that provides new ways to earn money online. One of these options is to be a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves 2 parts - a Top-Level Domain (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 Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the preconditions that each concrete top-level domain name may have, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name resource records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that permit people to earn cash from selling domains to end users. If you sign up for such a program, you can establish your own e-business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more clients in provinces or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domain Names Under Your Personal Trademark Name
When you register with a domain reseller program, you will receive a web hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar offers. Most firms also offer invoicing transaction software and web themes for your virtual shop, and the automation of the entire process coupled with the strong demand for domains make the domain reseller market so tempting. You will either get a pre-developed site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Generally, you have the opportunity to choose between the two options, so it all revolves around how practiced you are in these issues. As a domain reseller, you will do business on behalf of your very own brand name and not on behalf of the Registrar's.
Earn Cash From Reselling Website Hosting Services Too
A sensible addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to individuals who desire to create their website and require both a domain and a web hosting plan. A few corporations furnish such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your clients. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.