The Internet is an ever-flourishing system that supplies new options to make money on the Internet. One of these opportunities is to become a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domain names, so this is a growing marketing niche that you can be a part of.
TLDs and SLDs
A domain name is composed of 2 constituents - a Top-Level Domain (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 second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an organization that handles the registrations and determines the requirements that each concrete top-level domain name may involve, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain records.
Earn Profit From Selling Domain Names
A lot of Registrars have reseller programs that enable people to earn money from offering domains to end clients. If you register with such a program, you can kickstart your very own Internet business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more persons in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will obtain a hosting CP where you can fix the prices for the individual TLDs that the Registrar offers. Most corporations also provide invoicing software and web page layouts for your online storefront, and the automation of the whole procedure combined with the swelling demand for domain names render the domain reseller business niche so tempting. You will either have a ready-for-use site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Normally, you have the option to select between the 2 alternatives, so it all revolves around how proficient you are in these things. As a domain name reseller, you will sell on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Make Cash From Reselling Web Space Hosting Services As Well
An appropriate addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to users who want to make their web site and demand both a domain name and a webspace hosting account. Given corporations supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to charge your customers. You can then sell domain names and shared hosting packages to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.