Domain name reseller
The Internet is an ever-increasing platform that generates new possibilities to earn cash on the Web. One of these possibilities is to become a domain name reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently functioning domains, so this is a flowering marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that administers the registrations and sets the preconditions that each given Top-Level Domain may contain, among them the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and handle all domain name records.
Earn Revenue From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to earn revenue from offering domain names to end customers. If you register with such a program, you can set up your very own personal e-business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more people in provinces or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Personal Trademark Name
When you register with a domain reseller program, you will have a web space hosting CP where you can select the prices for the separate TLDs that the Registrar provides. Most corporations also provide invoice software and web layouts for your online store, and the automation of the whole procedure combined with the big demand for domain names make the domain reseller industry so attractive. You will either have a ready-made website and utilize the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web site and form for placing orders. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how skilled you are in these things. As a domain name reseller, you will operate under your very own personal brand and not under the Registrar's.
Earn Cash From Providing Hosting Solutions As Well
A relevant addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to individuals who want to have their website and need both a domain and a webspace hosting package. Certain corporations provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing transaction software to bill your customers. You can then offer domain names and shared web hosting plans to customers, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to clients from all over the globe.