Domain name reseller
The World Wide Web is an ever-growing platform that supplies new ways to make money online. One of these ways is to become a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a thriving marketing niche that you can become a part of.
TLDs and SLDs
A domain is composed of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains 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 one, has a Registry - an organization that administers the registrations and determines the requirements that each given Top-Level Domain may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name resource records.
Earn Money From Offering Domains
Multiple Registrars have reseller programs that enable individuals to gain cash from selling domains to end users. If you subscribe to such a program, you can commence your very own personal electronic business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can reach more individuals in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Own Trademark Name
When you sign up for a domain name reseller program, you will get a web space hosting CP where you can select the prices for the individual top-level domain names that the Registrar provides. Most corporations also offer billing management software and web site layouts for your online store, and the automation of the entire procedure together with the growing demand for domains render the domain reseller business niche so tempting. You will either receive a pre-built site and use the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal site and form for placing orders. Typically, you have the option to choose between the 2 alternatives, so it all revolves around how skilled you are in these matters. As a domain reseller, you will operate under your own personal brand and not under the Registrar's brand.
Earn Cash From Selling Web Space Hosting Packages Too
A suitable supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to users who desire to manage their site and need both a domain and a webspace hosting package. A number of corporations provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice transaction software to charge your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.