Domain name reseller
The Internet is an ever-expanding system that provides new opportunities to earn cash online. One of them is to be a domain name reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of currently active domains, so this is a growing marketing niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 components - a Top-Level Domain (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 TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-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 name, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the requirements that each specific top-level domain name may impose, like the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that allow individuals to gain profit from offering domain names to end customers. If you sign up for such a program, you can commence your very own personal web business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more customers in areas or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names Under Your Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a site hosting CP where you can choose the prices for the individual top-level domain names that the Registrar offers. Most companies also offer billing management software and layouts for your virtual storefront, and the automation of the entire procedure coupled with the large demand for domain names make the domain reseller industry so tempting. You will either receive a pre-built web site and use 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 very own portal and order form. Generally, you have the option to choose between the two options, so it all revolves around how practiced you are in these matters. As a domain reseller, you will do business on behalf of your very own trademark name and not on behalf of the Registrar's.
Make Money From Providing Hosting Solutions Too
A suitable supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to people who desire to manage their site and demand both a domain and a webspace hosting package. A few corporations furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to charge your clients. You can then offer Top-Level Domains and shared website hosting plans to clients, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all over the globe.