Domain name reseller
The Internet is an ever-enlarging community that generates new options to earn money on the Web. One of these opportunities is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of presently functioning domains, so this is a flowering marketing niche that you can become engaged in.
TLDs and SLDs
A domain name includes two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the prerequisites that each concrete top-level domain name may impose, among them the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and manage all domain resource records.
Earn Cash From Selling Domains
Multiple Registrars have reseller programs that enable individuals to make revenue from offering domain names to end clients. If you register with such a program, you can set up your own personal Internet business. Usually, a domain will cost less 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 customers in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names Under Your Own Brand
When you register with a domain name reseller program, you will have a hosting Control Panel where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and layouts for your virtual storefront, and the automation of the whole procedure combined with the flourishing demand for domain names render the domain name reseller industry so tempting. You will either receive a pre-built website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Generally, you have the option to pick between the 2 possibilities, so it all depends on how skillful you are in these things. As a domain name reseller, you will sell under your very own trademark name and not under the Registrar's brand.
Gain Money From Providing Web Site Hosting Services Too
A relevant supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to clients who desire to make their website and need both a domain and a web site hosting package. Certain corporations supply 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 reseller account and free-of-cost invoicing transaction software to charge your customers. You can then sell domain names and shared website hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.