Domain name reseller
The Internet is an ever-developing platform that generates new opportunities to earn money online. One of these options is to be a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of presently active domains, so this is a flowering marketing niche that you can become engaged in.
TLDs and SLDs
A domain comprises two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".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 TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-letter abbreviations that represent each country. Instances 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 country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the preconditions that each given TLD may impose, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and handle all DNS resource records.
Earn Cash From Offering Domain Names
Many Registrars have reseller programs that enable people to make revenue from selling domain names to end clients. If you register with such a program, you can build your own e-business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more users in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names Under Your Own Personal Brand Name
When you register with a domain reseller program, you will obtain a site hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and web page templates for your online store, and the automation of the whole process coupled with the towering demand for domain names make the domain reseller business so tempting. You will either have a pre-built web site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web site and order form. Normally, you have the opportunity to decide between the 2 options, so it all revolves around how skilled you are in these things. As a domain name reseller, you will do business under your own brand and not on behalf of the Registrar's.
Gain Cash From Supplying Web Space Hosting Accounts Too
A perfect supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to clients who desire to set up their web portal and require both a domain name and a hosting package. Given corporations furnish such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to charge your customers. You can then offer Top-Level Domains and shared hosting plans to clients, and since they provide many different domain extensions, you will be able to provide domain and hosting services to users from all over the globe.