The Internet is an ever-enlarging network that delivers new options to gain cash online. One of these ways is to become a domain reseller and offer domain names to end users, gaining profit 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 active domain names, so this is a thriving marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that administers the registrations and sets the requirements that each concrete top-level domain name may include, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain name resource records.
Earn Money From Offering Domain Names
Multiple Registrars have reseller programs that permit people to gain revenue from offering domains to end customers. If you register with such a program, you can launch your own personal Internet business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more persons in regional districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Own Brand Name
When you sign up for a domain reseller program, you will have a web space hosting CP where you can select the prices for the various top-level domain names that the Registrar offers. Most firms also offer billing management software and web themes for your web store, and the automation of the whole process together with the significant demand for domains render the domain name reseller market niche so attractive. You will either get a ready-for-use web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own site and form for placing orders. Normally, you have the opportunity to select between the 2 possibilities, so it all depends on how trained you are in these things. As a domain reseller, you will operate under your own brand and not under the Registrar's.
Gain Cash From Supplying Web Space Hosting Plans As Well
An adequate 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 want to set up their web site and demand both a domain and a web hosting account. A number of corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing software to charge your customers. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.