Domain name reseller
The World Wide Web is an ever-developing system that delivers new ways to earn cash on the Web. One of these possibilities is to become a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a flourishing marketing niche that you can be involved in.
TLDs and SLDs
A domain consists of 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 name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each given Top-Level Domain may involve, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all DNS records.
Gain Revenue From Offering Domain Names
Multiple Registrars have reseller programs that enable individuals to gain money from offering domain names to end users. If you register with such a program, you can begin your own personal web business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more people in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domains Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will get a Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide invoicing transaction software and website themes for your online storefront, and the automation of the whole process coupled with the large demand for domain names make the domain name reseller business niche so seductive. You will either obtain a pre-made web site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web portal and form for placing orders. Commonly, you have the opportunity to pick between the two alternatives, so it all revolves around how trained you are in these affairs. As a domain reseller, you will work under your personal trademark name and not on behalf of the Registrar's.
Earn Cash From Selling Web Space Hosting Services As Well
A sensible addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who wish to make their web site and require both a domain name and a webspace hosting account. A few corporations offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing software to charge your clients. You can then offer TLDs and shared web hosting accounts to customers, and since they provide many diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.