The Internet is an ever-developing community that furnishes new possibilities to earn money on the Web. One of these options is to become a domain reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a growing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is made of two entities - a Top-Level Domain (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.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that administers the registrations and sets the preconditions that each given top-level domain name may have, like the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain name records.
Gain Cash From Selling Domains
Numerous Registrars have reseller programs that permit people to earn revenue from offering domain names to end users. If you subscribe to such a program, you can commence your own personal e-business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can contact more users in regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Domains Under Your Personal Brand
When you register with a domain name reseller program, you will obtain a web hosting Control Panel where you can set the prices for the individual TLDs that the Registrar offers. Most corporations also offer invoice management software and web design themes for your online shop, and the automation of the whole process combined with the enlarging demand for domains render the domain reseller business so attractive. You will either obtain a pre-built web site and avail of the Registrar platform 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. Normally, you have the opportunity to decide between the two options, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's.
Earn Money From Selling Site Hosting Accounts As Well
A proper supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who want to build their web page and need both a domain name and a web site hosting account. A number of firms have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to charge your customers. You can then sell domain names and shared hosting packages to clients, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.