Domain name reseller
The Internet is an ever-enlarging system that provides new opportunities to earn money on the Web. One of these possibilities is to become a domain name reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a growing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name contains 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each particular TLD may involve, like the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain resource records.
Earn Money From Reselling Domain Names
Numerous Registrars have reseller programs that permit individuals to make cash from selling domain names to end clients. If you sign up for such a program, you can start your very own personal online business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more users in local communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain name reseller program, you will get a website hosting Control Panel where you can settle the prices for the separate TLDs that the Registrar offers. Most corporations also offer invoice transaction software and site layouts for your virtual store, and the automation of the entire process together with the enlarging demand for domains render the domain name reseller industry so desirable. You will either get a ready-to-use site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Normally, you have the opportunity to choose between the two options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will do business under your very own brand and not on behalf of the Registrar's.
Earn Cash From Trading Web Hosting Plans As Well
A suitable supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to clients who want to create their website and demand both a domain name and a web hosting account. Certain companies supply such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing software to bill your clients. You can then sell domains and shared web hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.