The Internet is an ever-flourishing network that supplies new ways to make cash online. One of these options is to become a domain name reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently active domains, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-letter 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 or a country-code one, has a Registry - an institution that deals with the registrations and determines the requirements that each given top-level domain name may entail, among them the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS resource records.
Earn Revenue From Selling Domains
Multiple Registrars have reseller programs that enable individuals to earn revenue from offering domain names to end clients. If you register with such a program, you can begin your own online business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more people in local districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will have a CP where you can settle the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide billing management software and web site skins for your online shop, and the automation of the whole process together with the large demand for domains render the domain reseller industry so tempting. You will either obtain a turn-key website and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own web site and form for placing orders. Typically, you have the option to decide between the 2 options, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will sell under your personal brand and not on behalf of the Registrar's.
Make Revenue From Supplying Web Hosting Solutions As Well
A proper supplement to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to persons who desire to launch their online portal and require both a domain and a web space hosting plan. Particular corporations provide such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing management software to bill your customers. You can then offer domains and shared website hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all over the globe.