Domain reseller
The World Wide Web is an ever-enlarging system that furnishes new opportunities to earn cash on the Internet. One of them is to become a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is an expanding marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain involves 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 name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-character abbreviations that symbolize 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 or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the requirements that each particular TLD may entail, like the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain name resource records.
Gain Money From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to gain revenue from offering domains to end clients. If you subscribe to such a program, you can launch your own e-business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more customers in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade TLDs On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will have a webspace hosting CP where you can choose the prices for the different top-level domain names that the Registrar offers. Most firms also offer invoice transaction software and design templates for your virtual shop, and the automation of the entire process coupled with the rising demand for domains render the domain name reseller business so seductive. You will either receive a ready-for-use web site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web portal and form for placing orders. Commonly, you have the opportunity to pick between the 2 alternatives, so it all revolves around how trained you are in these issues. As a domain reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's.
Earn Profit From Reselling Hosting Solutions Too
A good supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to customers who wish to launch their web site and require both a domain and a hosting plan. Certain companies offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to bill your clients. You can then sell top-level domain names and shared website hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.