The Internet is an ever-expanding community that generates new options to earn cash online. One of these options is to become a domain name reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a blooming marketing niche that you can become a part of.
TLDs and SLDs
A domain involves 2 components - 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 Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-letter abbreviations that symbolize 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 generic or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and determines the requirements that each given top-level domain name may entail, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all DNS resource records.
Earn Revenue From Reselling Domain Names
Multiple Registrars have reseller programs that allow people to make revenue from selling domains to end customers. If you subscribe to such a program, you can start your own personal Internet business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more individuals in areas or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will get a web site hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide invoicing transaction software and web design skins for your virtual store, and the automation of the entire process combined with the considerable demand for domains render the domain name reseller industry so alluring. You will either get a pre-made website and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own portal and form for placing orders. Traditionally, you have the opportunity to decide between the two options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will do business under your own personal brand and not under the Registrar's.
Earn Profit From Providing Web Hosting Plans As Well
An adequate addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to users who desire to create their site and demand both a domain and a web space hosting account. A number of firms have such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing management software to charge your clients. You can then sell Top-Level Domains and shared website hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.