The Internet is an ever-enlarging platform that delivers new opportunities to earn money online. One of these ways is to become a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each concrete Top-Level Domain may involve, like the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name records.
Gain Cash From Reselling Domains
Lots of Registrars have reseller programs that permit people to gain revenue from selling domain names to end customers. If you subscribe to such a program, you can start your very own electronic business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more persons in local districts or states where the Registrar may not be known at all. This implies 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 customer pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domains Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can determine the prices for the individual top-level domain names that the Registrar provides. Most companies also offer billing management software and site layouts for your web storefront, and the automation of the entire procedure together with the enormous demand for domain names make the domain name reseller business niche so alluring. You will either obtain a ready-for-use website and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web page and order form. Traditionally, you have the opportunity to decide between the two options, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will sell on behalf of your very own brand and not under the Registrar's brand.
Make Cash From Trading Web Space Hosting Solutions As Well
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to persons who would like to establish their web portal and demand both a domain name and a webspace hosting package. Certain firms have such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell domain names and shared web hosting plans to customers, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the globe.