The Internet is an ever-enlarging system that furnishes new options to earn cash on the Internet. One of these options is to become a domain reseller and sell domain names to end customers, gaining 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 currently active domains, so this is a flourishing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises two entities - a top-level domain name (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.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-letter abbreviations that stand for 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 gTLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the preconditions that each concrete Top-Level Domain may contain, among them the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain name records.
Earn Money From Offering Domains
Plenty of Registrars have reseller programs that allow people to earn profit from selling domain names to end customers. If you sign up for such a program, you can set up your very own web business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. 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 cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Domains Under Your Personal Trademark Name
When you register with a domain name reseller program, you will get a website hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most firms also offer invoicing software and website themes for your virtual store, and the automation of the whole procedure together with the flourishing demand for domain names make the domain name reseller market niche so desirable. You will either receive a ready-made website and utilize 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 own website and order form. Commonly, you have the opportunity to pick between the two possibilities, so it all revolves around how expert you are in these matters. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Gain Profit From Offering Web Site Hosting Plans Too
A sensible supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to persons who desire to have their web site and need both a domain name and a web hosting plan. A few corporations offer such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to charge your clients. You can then sell TLDs and shared hosting plans to clients, and since they provide many different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.