Domain name reseller
The Internet is an ever-flourishing platform that supplies new opportunities to earn cash on the Internet. One of these opportunities is to be a domain name reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a blossoming marketing niche that you can be involved in.
TLDs and SLDs
A domain name consists of 2 pieces - a Top-Level Domain (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 SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-character abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each specific top-level domain name may contain, including the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and manage all DNS records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that enable people to gain revenue from selling domain names to end users. If you register with such a program, you can commence your own personal web business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more customers in regional communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer TLDs Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a web page hosting Control Panel where you can set the prices for the different Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and website templates for your web shop, and the automation of the entire procedure together with the huge demand for domains render the domain reseller industry so seductive. You will either acquire a turn-key site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Typically, you have the option to choose between the 2 alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's.
Earn Profit From Promoting Hosting Services As Well
A logical supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to clients who want to establish their website and need both a domain name and a web hosting account. Given firms provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then offer TLDs and shared website hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the world.