The Internet is an ever-expanding network that generates new options to earn cash online. One of these options is to be a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently functioning domains, so this is a growing business niche that you can become involved in.
TLDs and SLDs
A domain name comprises two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-letter abbreviations that signify 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 generic TLD or a country-code top-level domain name, has a Registry - an organization that handles the registrations and determines the preconditions that each specific Top-Level Domain may contain, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and manage all DNS resource records.
Earn Cash From Reselling Domains
Lots of Registrars have reseller programs that enable individuals to gain cash from offering domain names to end users. If you subscribe to such a program, you can establish your very own personal electronic business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more users in local districts or countries where the Registrar may not be famous 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 user pays and the one that the Registrar charges for the domain registration.
Offer Domains Under Your Personal Brand Name
When you register with a domain name reseller program, you will get a web site hosting Control Panel where you can settle the prices for the various TLDs that the Registrar offers. Most firms also provide invoicing software and design themes for your web shop, and the automation of the whole procedure coupled with the strong demand for domain names make the domain reseller business niche so attractive. You will either have a ready-to-use web site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal site and order form. Typically, you have the opportunity to pick between the 2 possibilities, so it all revolves around how practiced you are in these things. As a domain name reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Gain Revenue From Reselling Webspace Hosting Packages Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to persons who wish to build their online portal and need both a domain name and a web page hosting plan. A few corporations supply such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to charge your clients. You can then sell domains and shared hosting accounts to clients, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to clients from all around the world.