The Internet is an ever-increasing network that provides new opportunities to earn money online. One of them is to become a domain name reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is a blooming business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-letter 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 or a country-code TLD, has a Registry - an organization that administers the registrations and sets the preconditions that each given Top-Level Domain may entail, like the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all DNS records.
Earn Cash From Selling Domain Names
A lot of Registrars have reseller programs that enable people to gain money from offering domain names to end users. If you sign up for such a program, you can initiate your very own personal e-business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more users in regional districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domain Names Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web space hosting CP where you can determine the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoice transaction software and web templates for your web shop, and the automation of the entire procedure together with the flourishing demand for domains make the domain reseller business so desirable. You will either get a pre-built web site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Generally, you have the option to decide between the 2 options, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will do business under your very own brand and not on behalf of the Registrar's brand.
Earn Cash From Providing Web Page Hosting Plans Too
A relevant addition to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to people who wish to develop their web page and need both a domain and a web space hosting account. Given firms offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice software to charge your customers. You can then sell domains and shared website hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to people from all over the world.