The Internet is an ever-expanding network that generates new options to gain cash on the Internet. One of these ways is to become a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a growing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is made of two constituents - a Top-Level Domain (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 name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-letter abbreviations that correspond to 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 gTLD or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each particular Top-Level Domain may impose, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and handle all domain resource records.
Earn Cash From Offering Domain Names
A lot of Registrars have reseller programs that allow people to gain revenue from offering domain names to end users. If you sign up for such a program, you can establish your own personal web business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can reach more users in regional districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domains Under Your Very Own Brand
When you sign up for a domain name reseller program, you will get a site hosting CP where you can set the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoicing software and skins for your virtual storefront, and the automation of the entire process coupled with the vast demand for domains render the domain name reseller business so tempting. You will either receive a turn-key site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and order form. Typically, you have the opportunity to choose between the two alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will work under your own personal brand and not under the Registrar's.
Gain Money From Trading Site Hosting Plans As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to customers who desire to run their web portal and need both a domain name and a webspace hosting package. Particular companies provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to bill your customers. You can then offer TLDs and shared website hosting accounts to customers, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.