The Internet is an ever-developing community that provides new ways to make money online. One of these possibilities is to become a domain name reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an expanding marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain contains two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the requirements that each specific TLD may have, including the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and handle all DNS records.
Make Cash From Selling Domain Names
A lot of Registrars have reseller programs that permit people to gain revenue from selling domain names to end customers. If you sign up for such a program, you can launch your very own personal e-business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more users in provinces or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade TLDs On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will acquire a hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar provides. Most firms also provide invoice transaction software and website themes for your virtual store, and the automation of the entire procedure combined with the significant demand for domains render the domain name reseller industry so seductive. You will either get a ready-to-use website and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own online portal and form for placing orders. Traditionally, you have the option to select between the two possibilities, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will do business on behalf of your personal brand name and not on behalf of the Registrar's brand.
Earn Cash From Reselling Web Space Hosting Services Too
A sensible addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to clients who wish to develop their web page and require both a domain name and a web page hosting account. Some companies supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing software to charge your clients. You can then sell TLDs and shared web hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.