The Internet is an ever-flourishing network that generates new ways to earn cash online. One of these options is to be a domain name reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a blooming marketing niche that you can be involved in.
TLDs and SLDs
A domain name includes two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that tackles the registrations and sets the requirements that each given top-level domain name may have, including the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS resource records.
Make Profit From Offering Domain Names
Multiple Registrars have reseller programs that allow people to make revenue from selling domain names to end users. If you register with such a program, you can start your very own web business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more people in areas or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties 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 charges for the domain registration.
Sell TLDs On Behalf Of Your Own Personal Trademark Name
When you register with a domain name reseller program, you will get a hosting CP where you can select the prices for the various top-level domain names that the Registrar offers. Most companies also provide invoice management software and web page layouts for your online storefront, and the automation of the whole process combined with the enormous demand for domains render the domain name reseller business niche so alluring. You will either receive a turn-key web site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal site and form for placing orders. Usually, you have the opportunity to select between the two alternatives, so it all depends on how experienced you are in these things. As a domain reseller, you will work under your personal brand and not under the Registrar's.
Make Money From Promoting Webspace Hosting Plans As Well
A nice addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to people who want to establish their online portal and need both a domain and a webspace hosting package. Certain corporations have such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to bill your clients. You can then offer TLDs and shared web hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.