The Internet is an ever-expanding platform that generates new ways to earn cash on the Internet. One of these opportunities is to become a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domain names, so this is a blooming marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that denote each country. Examples of ccTLDs 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 organization that deals with the registrations and sets the preconditions that each specific TLD may entail, like the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and handle all DNS records.
Gain Cash From Selling Domains
Many Registrars have reseller programs that permit individuals to make revenue from selling domain names to end customers. If you sign up for such a program, you can begin your own personal web business. As a rule, 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 client. The explanation is that resellers can reach more individuals in areas or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Resell Domains Under Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a web page hosting CP where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoice software and themes for your web shop, and the automation of the entire process coupled with the flourishing demand for domains render the domain name reseller industry so alluring. You will either obtain a ready-made web site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Generally, you have the option to decide between the two options, so it all revolves around how trained you are in these issues. As a domain reseller, you will sell on behalf of your very own brand and not under the Registrar's.
Earn Revenue From Supplying Site Hosting Solutions Too
An excellent supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to people who desire to make their online portal and require both a domain name and a hosting account. Some companies provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the globe.