The Internet is an ever-enlarging platform that supplies new ways to earn money online. One of these possibilities is to be a domain reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a blooming business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name involves two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".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 Domains include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each given Top-Level Domain may entail, among them the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name records.
Make Cash From Reselling Domain Names
A lot of Registrars have reseller programs that allow individuals to earn cash from offering domains to end clients. If you register with such a program, you can begin your own personal Internet business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more clients in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on 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 Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a site hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most firms also offer invoice management software and web templates for your virtual storefront, and the automation of the entire procedure coupled with the enormous demand for domains render the domain name reseller market niche so alluring. You will either acquire a ready-to-use website and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal site and order form. Usually, you have the opportunity to choose between the two alternatives, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will do business under your own personal brand and not on behalf of the Registrar's.
Earn Money From Offering Website Hosting Accounts Too
A relevant addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to customers who desire to make their web page and require both a domain name and a web page hosting plan. Given corporations provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to bill your clients. You can then sell domain names and shared hosting plans to clients, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the world.