Domain name reseller
The Internet is an ever-flourishing community that delivers new opportunities to earn cash on the Web. One of these opportunities is to become a domain name reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of presently active domain names, so this is a growing marketing niche that you can be a part of.
TLDs and SLDs
A domain comprises two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick 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 generic Top-Level Domains include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an institution that manages the registrations and determines the requirements that each given Top-Level Domain may involve, like the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name records.
Earn Revenue From Reselling Domains
Lots of Registrars have reseller programs that allow people to make money from offering domain names to end customers. If you sign up for such a program, you can establish your own Internet business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more customers in local districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from 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.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will obtain a site hosting CP where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide invoice transaction software and design themes for your online store, and the automation of the entire procedure combined with the proliferating demand for domain names make the domain name reseller market niche so alluring. You will either have a pre-developed site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal website and form for placing orders. Generally, you have the option to choose between the two options, so it all revolves around how practiced you are in these matters. As a domain reseller, you will work under your personal brand name and not under the Registrar's brand.
Make Profit From Trading Hosting Plans As Well
A reasonable addition to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to people who wish to build their online portal and need both a domain and a web space hosting account. A few firms furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your customers. You can then offer TLDs and shared website hosting plans to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the world.