The World Wide Web is an ever-increasing platform that furnishes new possibilities to make cash on the Internet. One of these ways is to become a domain reseller and offer domains to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently functioning domain names, so this is a blooming marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name contains two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the preconditions that each given TLD may entail, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and manage all DNS resource records.
Make Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that permit individuals to earn cash from offering domain names to end customers. If you register with such a program, you can establish your very own electronic business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more clients in local regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Own Brand Name
When you subscribe to a domain reseller program, you will obtain a web site hosting CP where you can choose the prices for the specific TLDs that the Registrar offers. Most firms also offer billing software and design themes for your online store, and the automation of the entire procedure coupled with the strong demand for domains make the domain name reseller industry so attractive. You will either receive a ready-for-use website and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web site and form for placing orders. Usually, you have the opportunity to decide between the two alternatives, so it all depends on how skilled you are in these affairs. As a domain reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Money From Offering Web Page Hosting Services Too
A perfect addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who want to create their online portal and need both a domain and a website hosting plan. Some firms furnish such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to bill your customers. You can then offer TLDs and shared website hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.