The Internet is an ever-developing system that delivers new possibilities to gain cash on the Internet. One of these possibilities is to be a domain name reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain contains two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that symbolize each country. Instances of ccTLDs 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 administers the registrations and determines the prerequisites that each given top-level domain name may have, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and administer all domain resource records.
Make Cash From Reselling Domains
Plenty of Registrars have reseller programs that permit people to earn cash from offering domains to end users. If you register with such a program, you can kickstart your own personal online business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more persons in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties 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 requires for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will obtain a website hosting CP where you can settle the prices for the separate top-level domain names that the Registrar offers. Most firms also provide invoice software and design layouts for your virtual store, and the automation of the entire process combined with the expanding demand for domain names make the domain reseller business so attractive. You will either acquire a ready-made web site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Normally, you have the option to decide between the 2 options, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will operate on behalf of your very own brand and not under the Registrar's brand.
Make Revenue From Reselling Web Page Hosting Packages Too
A relevant addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to clients who want to manage their web page and demand both a domain name and a web hosting account. Given corporations supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to charge your customers. You can then sell TLDs and shared web hosting packages to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to customers from all over the world.