Domain name reseller
The Internet is an ever-increasing system that offers new possibilities to earn cash online. One of them is to become a domain reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domains, so this is a blooming marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 entities - a Top-Level Domain (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 name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve two-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that handles the registrations and determines the prerequisites that each particular Top-Level Domain may include, such as the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Gain Money From Trading Domain Names
Multiple Registrars have reseller programs that enable individuals to make money from selling domains to end clients. If you subscribe to such a program, you can initiate your own electronic business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more customers in areas or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will benefit from 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.
Resell TLDs On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will receive a site hosting Control Panel where you can choose the prices for the separate TLDs that the Registrar provides. Most corporations also offer invoice transaction software and web layouts for your virtual shop, and the automation of the whole procedure together with the large demand for domain names render the domain name reseller industry so desirable. You will either acquire a ready-for-use site and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own online portal and form for placing orders. Traditionally, you have the opportunity to select between the 2 options, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will operate under your personal brand and not under the Registrar's.
Earn Revenue From Providing Web Hosting Services Too
An excellent addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to customers who wish to set up their web portal and demand both a domain and a website hosting package. Given firms provide such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to charge your clients. You can then sell domain names and shared hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to people from all over the world.