The Internet is an ever-expanding network that delivers new ways to gain cash online. One of these possibilities is to become a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of presently active domain names, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the requirements that each concrete top-level domain name may entail, including the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain resource records.
Earn Cash From Offering Domain Names
Multiple Registrars have reseller programs that allow people to make profit from offering domain names to end users. If you sign up for such a program, you can kickstart your own personal electronic business. Generally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more customers in regional districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will 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.
Sell Top-Level Domain Names Under Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will have a site hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoice management software and web design layouts for your online store, and the automation of the entire procedure combined with the enormous demand for domains render the domain reseller market so attractive. You will either receive a ready-to-use site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal portal and order form. Typically, you have the opportunity to select between the two possibilities, so it all depends on how experienced you are in these issues. As a domain name reseller, you will operate under your personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Selling Web Page Hosting Plans Too
An adequate supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to persons who wish to run their web page and require both a domain name and a site hosting account. A number of companies furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice software to bill your customers. You can then sell Top-Level Domains and shared website hosting plans to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to users from all over the world.