Domain name reseller
The Internet is an ever-enlarging network that delivers new opportunities to earn money on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domain names, so this is a blossoming 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 name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the requirements that each given TLD may have, like the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually sell the domain name to customers and administer all DNS resource records.
Earn Cash From Selling Domain Names
Lots of Registrars have reseller programs that permit individuals to make profit from offering domains to end customers. If you subscribe to such a program, you can commence your very own personal online business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more users in regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will obtain a webspace hosting Control Panel where you can determine the prices for the different top-level domain names that the Registrar offers. Most companies also offer billing software and themes for your virtual storefront, and the automation of the entire procedure together with the considerable demand for domains render the domain reseller market so tempting. You will either obtain a ready-for-use website and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own portal and order form. Generally, you have the opportunity to select between the 2 alternatives, so it all depends on how skillful you are in these things. As a domain name reseller, you will work on behalf of your very own trademark name and not under the Registrar's.
Earn Revenue From Offering Web Hosting Plans Too
A reasonable addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to clients who want to develop their site and require both a domain name and a site hosting plan. A number of companies offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to bill your customers. You can then offer TLDs and shared website hosting plans to customers, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.