Domain name reseller
The World Wide Web is an ever-enlarging platform that provides new opportunities to make money on the Web. One of them is to become a domain name reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name involves 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the requirements that each particular top-level domain name may contain, like the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS resource records.
Make Profit From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to earn cash from selling domains to end customers. If you sign up for such a program, you can begin your own personal Internet business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more clients in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a 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.
Sell TLDs Under Your Own Brand
When you register with a domain name reseller program, you will acquire a web page hosting Control Panel where you can select the prices for the separate TLDs that the Registrar offers. Most firms also provide billing transaction software and web page skins for your virtual storefront, and the automation of the entire process coupled with the high demand for domain names make the domain name reseller market so seductive. You will either get a pre-made web site and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Generally, you have the opportunity to decide between the two possibilities, so it all depends on how proficient you are in these issues. As a domain name reseller, you will sell under your own trademark name and not on behalf of the Registrar's brand.
Earn Profit From Promoting Web Space Hosting Solutions As Well
A relevant supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who wish to establish their web page and require both a domain and a web page hosting package. Some corporations provide such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your customers. You can then offer domain names and shared hosting plans to customers, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all around the world.