The Internet is an ever-enlarging system that offers new options to make cash online. One of these ways is to be a domain reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail price of each 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 flourishing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain includes two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".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 generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the requirements that each specific top-level domain name may include, like the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain resource records.
Earn Cash From Selling Domains
A lot of Registrars have reseller programs that enable individuals to make money from selling domain names to end clients. If you subscribe to such a program, you can set up your own personal Internet business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more users in areas or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domains Under Your Very Own Trademark Name
When you register with a domain reseller program, you will get a hosting CP where you can set the prices for the separate top-level domain names that the Registrar provides. Most firms also offer invoice software and site themes for your virtual store, and the automation of the entire procedure together with the strong demand for domains make the domain reseller market so seductive. You will either receive a ready-to-use web site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own website and order form. Usually, you have the option to choose between the two possibilities, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will sell under your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Profit From Reselling Web Space Hosting Accounts Too
An appropriate supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to users who wish to have their web page and need both a domain and a web page hosting package. Given companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide many different domain extensions, you will be able to offer domain and hosting services to persons from all over the world.