The World Wide Web is an ever-expanding platform that offers new options to gain cash online. One of these ways is to become a domain name reseller and sell domain names to end customers, generating revenue 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 currently functioning domain names, so this is a thriving marketing niche that you can become engaged in.
TLDs and SLDs
A domain contains 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each concrete top-level domain name may entail, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and administer all domain name records.
Gain Revenue From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to earn money from offering domains to end clients. If you register with such a program, you can set up your own personal web business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more individuals in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from 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.
Sell Top-Level Domains Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will acquire a hosting Control Panel where you can determine the prices for the various top-level domain names that the Registrar offers. Most corporations also offer invoice management software and website templates for your virtual storefront, and the automation of the whole process together with the enlarging demand for domains make the domain name reseller market so alluring. You will either obtain a ready-made site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Commonly, you have the opportunity to pick between the two options, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will sell under your very own personal brand name and not under the Registrar's brand.
Earn Cash From Promoting Webspace Hosting Plans As Well
An excellent supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to users who want to set up their web site and require both a domain name and a web site hosting plan. Particular companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing management software to bill your clients. You can then sell top-level domain names and shared hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain and hosting services to clients from all around the globe.