The Internet is an ever-flourishing system that provides new opportunities to gain cash online. One of these ways is to be a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of presently functioning domain names, so this is a developing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain contains two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the preconditions that each given Top-Level Domain may entail, such as the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name records.
Earn Cash From Reselling Domains
Lots of Registrars have reseller programs that permit people to gain money from selling domains to end customers. If you sign up for such a program, you can begin your very own personal online business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more users in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell TLDs Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will receive a web hosting CP where you can select the prices for the individual top-level domain names that the Registrar offers. Most corporations also provide billing software and web layouts for your online store, and the automation of the whole process together with the great demand for domain names render the domain name reseller market so seductive. You will either receive a ready-for-use site and make use 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 own personal online portal and form for placing orders. Commonly, you have the opportunity to choose between the 2 options, so it all depends on how practiced you are in these things. As a domain reseller, you will sell on behalf of your very own personal brand and not on behalf of the Registrar's.
Earn Revenue From Providing Hosting Plans Too
An excellent addition to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to clients who desire to manage their site and need both a domain and a web hosting package. Particular firms provide such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to charge your customers. You can then sell top-level domain names and shared web hosting packages to customers, and since they offer many different domain extensions, you will be able to provide domain and hosting services to users from all over the world.