Domain name reseller
The World Wide Web is an ever-increasing community that furnishes new options to earn cash on the Internet. One of these options is to become a domain name reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domains, so this is an enlarging marketing niche that you can be involved in.
TLDs and SLDs
A domain name comprises 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each specific Top-Level Domain may involve, including the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS records.
Gain Revenue From Trading Domains
Numerous Registrars have reseller programs that permit individuals to make cash from offering domains to end customers. If you sign up for such a program, you can establish your own personal online business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more customers in areas or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Sell Domain Names On Behalf Of Your Own Brand
When you register with a domain name reseller program, you will receive a site hosting CP where you can choose the prices for the individual TLDs that the Registrar provides. Most firms also offer invoice management software and site themes for your virtual storefront, and the automation of the whole procedure coupled with the large demand for domain names render the domain reseller market so desirable. You will either have a pre-built web site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Generally, you have the opportunity to choose between the two possibilities, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will work under your own personal brand name and not under the Registrar's brand.
Gain Money From Supplying Site Hosting Plans As Well
A logical supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to customers who desire to develop their site and require both a domain and a web site hosting account. A number of corporations furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice management software to bill your clients. You can then sell domains and shared hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.