Domain name reseller
The Internet is an ever-growing network that provides new possibilities to make money online. One of these possibilities is to be a domain name reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is a blooming marketing niche that you can become engaged in.
TLDs and SLDs
A domain name involves two 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 name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-letter abbreviations that signify each country. Examples of country-code TLDs 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 is responsible for the registrations and determines the requirements that each concrete Top-Level Domain may contain, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all DNS resource records.
Make Cash From Reselling Domains
A lot of Registrars have reseller programs that enable people to make money from selling domains to end customers. If you register with such a program, you can establish your very own personal e-business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more customers in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will have a site hosting CP where you can choose the prices for the various Top-Level Domains that the Registrar offers. Most companies also provide invoicing transaction software and web page templates for your virtual storefront, and the automation of the whole procedure coupled with the vast demand for domains make the domain reseller market so alluring. You will either acquire a ready-to-use website and utilize the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Generally, you have the option to decide between the 2 options, so it all depends on how advanced you are in these issues. As a domain reseller, you will sell under your very own personal brand and not under the Registrar's brand.
Earn Cash From Providing Website Hosting Services As Well
A suitable addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to clients who desire to set up their online portal and need both a domain name and a web site hosting package. Given companies offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to bill your clients. You can then offer top-level domain names and shared hosting accounts to clients, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to persons from all around the globe.