Domain name reseller
The Internet is an ever-growing system that supplies new ways to make cash on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domain names, so this is an expanding marketing niche that you can be involved in.
TLDs and SLDs
A domain name involves 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character 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 gTLD or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may impose, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and handle all domain name resource records.
Make Profit From Trading Domains
Plenty of Registrars have reseller programs that permit individuals to make cash from offering domains to end users. If you subscribe to such a program, you can kickstart your very own personal web business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more customers in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domain Names Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a webspace hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most companies also provide invoice transaction software and layouts for your online store, and the automation of the entire process combined with the enlarging demand for domain names make the domain name reseller industry so tempting. You will either acquire a ready-for-use site and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Usually, you have the option to select between the two options, so it all depends on how expert you are in these affairs. As a domain reseller, you will operate on behalf of your own personal brand name and not under the Registrar's.
Gain Revenue From Reselling Hosting Accounts As Well
A perfect supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to clients who desire to run their web portal and need both a domain name and a hosting plan. A number of firms offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing transaction software to charge your clients. You can then sell TLDs and shared hosting plans to clients, and since they offer many diverse domain extensions, you will be able to offer domain and hosting services to people from all around the world.