The Internet is an ever-enlarging platform that offers new possibilities to gain money online. One of these options is to be a domain name reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domains, so this is an expanding marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is composed of two components - 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.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that manages the registrations and determines the prerequisites that each specific Top-Level Domain may include, including the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain records.
Make Money From Selling Domain Names
Numerous Registrars have reseller programs that enable individuals to earn cash from offering domains to end clients. If you sign up for such a program, you can build your very own e-business. Typically, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more users in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Resell Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will have a web page hosting Control Panel where you can determine the prices for the individual Top-Level Domains that the Registrar provides. Most companies also offer billing software and site themes for your web store, and the automation of the entire process together with the proliferating demand for domains make the domain reseller industry so alluring. You will either obtain a pre-developed website and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web page and order form. Traditionally, you have the opportunity to choose between the two alternatives, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will do business under your own personal brand and not on behalf of the Registrar's brand.
Earn Money From Promoting Webspace Hosting Packages Too
A reasonable supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to individuals who want to create their website and require both a domain and a web hosting plan. A number of corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to bill your customers. You can then sell top-level domain names and shared hosting plans to clients, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the world.