The Internet is an ever-flourishing network that provides new possibilities to gain money online. One of these opportunities is to be a domain name reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is a growing marketing niche that you can be engaged in.
TLDs and SLDs
A domain includes 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that handles the registrations and sets the prerequisites that each concrete top-level domain name may include, like the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name resource records.
Earn Cash From Selling Domain Names
Lots of Registrars have reseller programs that enable people to earn profit from selling domains to end customers. If you sign up for such a program, you can launch your very own web business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more individuals in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will get a web hosting Control Panel where you can select the prices for the different TLDs that the Registrar offers. Most corporations also provide billing management software and website templates for your online store, and the automation of the whole process combined with the immense demand for domain names render the domain reseller business niche so attractive. You will either obtain a turn-key site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web site and form for placing orders. Commonly, you have the opportunity to decide between the two alternatives, so it all revolves around how expert you are in these things. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Gain Money From Providing Site Hosting Solutions Too
A perfect addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to customers who desire to set up their site and require both a domain and a webspace hosting account. Given firms provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to bill your clients. You can then offer TLDs and shared website hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.