Domain name reseller
The Internet is an ever-increasing network that generates new possibilities to make money online. One of these possibilities is to become a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name includes 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.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the requirements that each given Top-Level Domain may involve, including the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all DNS resource records.
Earn Profit From Reselling Domain Names
Multiple Registrars have reseller programs that permit individuals to gain cash from selling domains to end clients. If you subscribe to such a program, you can kickstart your own online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more users in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will obtain a web site hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar provides. Most firms also provide invoicing transaction software and web design themes for your virtual store, and the automation of the whole process together with the huge demand for domains make the domain reseller business niche so desirable. You will either acquire a ready-for-use website and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Generally, you have the option to pick between the two options, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will operate on behalf of your own personal trademark name and not under the Registrar's.
Make Cash From Reselling Webspace Hosting Solutions Too
A reasonable supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to customers who wish to create their web site and need both a domain name and a website hosting package. Certain corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to charge your clients. You can then offer domains and shared website hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.