Domain name reseller
The World Wide Web is an ever-increasing system that delivers new opportunities to make cash online. One of them is to become a domain name reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a flourishing marketing niche that you can become involved in.
TLDs and SLDs
A domain comprises two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that manages the registrations and sets the requirements that each specific TLD may entail, like the duration 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 clients and handle all DNS resource records.
Make Profit From Reselling Domain Names
Multiple Registrars have reseller programs that permit individuals to earn cash from selling domains to end customers. If you subscribe to such a program, you can build your own personal online business. Normally, 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 client. The reason is that resellers can reach more individuals in regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a web space hosting CP where you can determine the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoicing transaction software and site skins for your online storefront, and the automation of the entire procedure coupled with the enormous demand for domain names render the domain reseller industry so alluring. You will either get a ready-to-use web site and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Typically, you have the option to choose between the 2 options, so it all depends on how skilled you are in these things. As a domain name reseller, you will sell on behalf of your personal trademark name and not on behalf of the Registrar's.
Gain Profit From Trading Hosting Plans Too
A good supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to users who want to manage their web portal and need both a domain and a site hosting plan. Certain companies provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to charge your clients. You can then sell top-level domain names and shared web hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to clients from all around the world.