Domain name reseller
The World Wide Web is an ever-flourishing community that provides new opportunities to make money online. One of these opportunities is to become a domain reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domains, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain comprises 2 entities - 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and determines the prerequisites that each concrete TLD may entail, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain records.
Make Cash From Trading Domains
Many Registrars have reseller programs that enable individuals to gain cash from offering domains to end clients. If you sign up for such a program, you can kickstart your own e-business. Usually, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more people in regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will receive a hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide invoicing software and skins for your virtual store, and the automation of the whole procedure combined with the considerable demand for domains make the domain reseller industry so attractive. You will either acquire a ready-for-use site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web site and form for placing orders. Commonly, you have the opportunity to decide between the 2 alternatives, so it all revolves around how accomplished you are in these matters. As a domain name reseller, you will sell under your personal trademark name and not under the Registrar's brand.
Earn Profit From Promoting Webspace Hosting Plans Too
An appropriate supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to customers who would like to establish their site and need both a domain and a site hosting account. Certain companies have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to charge your customers. You can then offer domains and shared website hosting plans to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to users from all around the world.