The Internet is an ever-flourishing community that delivers new opportunities to make cash online. One of them is to be a domain reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is an increasing marketing niche that you can become a part of.
TLDs and SLDs
A domain name contains 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific top-level domain name may have, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and handle all DNS resource records.
Earn Cash From Reselling Domains
Numerous Registrars have reseller programs that enable individuals to gain money from offering domains to end clients. If you sign up for such a program, you can kickstart your own personal Internet business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more individuals in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Resell Domains Under Your Personal Brand Name
When you register with a domain reseller program, you will have a webspace hosting Control Panel where you can settle the prices for the specific top-level domain names that the Registrar provides. Most companies also provide invoicing transaction software and website layouts for your online storefront, and the automation of the whole process combined with the vast demand for domain names render the domain name reseller market niche so desirable. You will either acquire a turn-key web site and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web page and form for placing orders. Generally, you have the opportunity to select between the 2 possibilities, so it all revolves around how trained you are in these matters. As a domain reseller, you will do business under your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Selling Webspace Hosting Accounts Too
A sensible supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to persons who would like to launch their web site and demand both a domain and a website hosting package. Certain companies furnish such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your customers. You can then offer TLDs and shared hosting packages 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 individuals from all around the globe.