Domain name reseller
The Internet is an ever-enlarging network that generates new ways to earn cash on the Web. One of these options is to become a domain name reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a growing marketing niche that you can be involved in.
TLDs and SLDs
A domain name is composed of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the requirements that each specific Top-Level Domain may entail, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all DNS records.
Make Money From Reselling Domains
Many Registrars have reseller programs that permit people to earn profit from offering domain names to end customers. If you subscribe to such a program, you can establish your very own e-business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more users in areas or countries where the Registrar may not be famous 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 customer pays and the one that the Registrar imposes for the domain registration.
Offer Domains Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will get a web hosting Control Panel where you can select the prices for the different TLDs that the Registrar offers. Most firms also provide billing transaction software and templates for your online storefront, and the automation of the whole process together with the flourishing demand for domains render the domain reseller industry so desirable. You will either have a pre-developed website and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Commonly, you have the opportunity to pick between the two options, so it all depends on how skillful you are in these issues. As a domain name reseller, you will work under your very own personal brand name and not on behalf of the Registrar's.
Earn Cash From Promoting Web Space Hosting Solutions Too
A nice supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to users who desire to set up their web page and need both a domain name and a hosting account. Particular corporations provide such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice transaction software to charge your clients. You can then offer domains and shared website hosting packages to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.