The Internet is an ever-flourishing network that offers new ways to gain money online. One of these possibilities is to become a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail cost 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 a growing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name includes two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete top-level domain name may include, among them the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all DNS resource records.
Earn Profit From Reselling Domains
Plenty of Registrars have reseller programs that permit individuals to earn money from offering domains to end customers. If you subscribe to such a program, you can commence your own personal Internet business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more customers in local regions 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 profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell TLDs Under Your Very Own Brand Name
When you register with a domain reseller program, you will obtain a Control Panel where you can settle the prices for the different top-level domain names that the Registrar offers. Most corporations also provide invoice software and design themes for your virtual storefront, and the automation of the whole procedure combined with the enlarging demand for domains render the domain name reseller market niche so attractive. You will either acquire a pre-developed web site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Generally, you have the opportunity to select between the 2 options, so it all depends on how expert you are in these matters. As a domain reseller, you will sell under your personal brand name and not on behalf of the Registrar's brand.
Make Money From Providing Web Space Hosting Services As Well
A proper addition to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to persons who would like to build their website and need both a domain name and a webspace hosting plan. Given firms have such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice software to bill your customers. You can then sell domain names and shared hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the globe.