Domain name reseller
The Internet is an ever-increasing network that delivers new opportunities to earn money online. One of them is to be a domain 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 domain names are registered each and every day, and there are millions of currently functioning domains, so this is an enlarging marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the preconditions that each specific Top-Level Domain may involve, such as the duration of the registration period 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 handle all domain resource records.
Make Cash From Reselling Domains
A lot of Registrars have reseller programs that enable people to gain money from offering domain names to end customers. If you sign up for such a program, you can set up your very own personal e-business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more individuals in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will acquire a webspace hosting Control Panel where you can determine the prices for the various top-level domain names that the Registrar offers. Most firms also offer billing transaction software and website skins for your online storefront, and the automation of the entire procedure combined with the huge demand for domain names make the domain reseller market so desirable. You will either have a ready-for-use web site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own website and form for placing orders. Generally, you have the option to choose between the two possibilities, so it all revolves around how advanced you are in these issues. As a domain reseller, you will work under your own trademark name and not on behalf of the Registrar's brand.
Make Money From Providing Site Hosting Services Too
A nice addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to people who wish to have their web page and need both a domain and a web space hosting plan. A few firms supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing software to bill your customers. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.