Domain reseller
The Internet is an ever-flourishing network that provides new ways to gain cash online. One of them is to be a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a blooming marketing niche that you can become a part of.
TLDs and SLDs
A domain involves 2 constituents - 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 name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that manages the registrations and sets the requirements that each specific top-level domain name may involve, among them the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain records.
Make Cash From Selling Domain Names
Numerous Registrars have reseller programs that enable people to earn revenue from offering domain names to end users. If you sign up for such a program, you can kick off your own e-business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more individuals in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you register with a domain name reseller program, you will receive a CP where you can determine the prices for the various top-level domain names that the Registrar offers. Most firms also provide invoicing software and website themes for your virtual store, and the automation of the whole procedure combined with the flourishing demand for domains render the domain reseller business niche so alluring. You will either get a pre-built website 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 set up your own personal site and order form. Typically, you have the option to decide between the two options, so it all depends on how advanced you are in these things. As a domain reseller, you will do business on behalf of your own personal trademark name and not under the Registrar's brand.
Earn Money From Reselling Site Hosting Solutions As Well
A logical addition to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to persons who want to create their web portal and need both a domain and a web space hosting package. Some companies provide such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to charge your customers. You can then sell domain names and shared website hosting accounts to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.