Domain name reseller
The Internet is an ever-growing platform that offers new opportunities to earn cash on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domains, so this is a blossoming marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is made of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that manages the registrations and sets the prerequisites that each particular top-level domain name may involve, such as the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to clients and administer all DNS resource records.
Earn Revenue From Offering Domains
Multiple Registrars have reseller programs that allow people to earn money from offering domain names to end customers. If you register with such a program, you can commence your own personal web business. Regularly, a domain will be more inexpensive 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 contact more persons in local communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Domains Under Your Own Trademark Name
When you subscribe to a domain reseller program, you will acquire a web space hosting Control Panel where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and web site layouts for your web storefront, and the automation of the entire process together with the swelling demand for domain names render the domain reseller industry so desirable. You will either get a pre-made web site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web site and form for placing orders. Commonly, you have the opportunity to decide between the 2 alternatives, so it all depends on how advanced you are in these issues. As a domain reseller, you will work on behalf of your own brand name and not on behalf of the Registrar's.
Gain Revenue From Offering Hosting Solutions As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to customers who desire to establish their web site and require both a domain and a webspace hosting account. Certain companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to charge your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to users from all over the world.