Domain name reseller
The World Wide Web is an ever-increasing platform that offers new options to earn money online. One of these possibilities is to become a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a growing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain includes 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 TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that administers the registrations and determines the preconditions that each concrete TLD may have, like the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain name records.
Gain Money From Selling Domain Names
Multiple Registrars have reseller programs that permit individuals to earn revenue from offering domains to end users. If you sign up for such a program, you can begin your own electronic business. Typically, 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 client. The explanation is that resellers can reach more people in provinces or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web site hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most companies also offer billing management software and web site templates for your virtual store, and the automation of the whole process together with the vast demand for domain names make the domain name reseller business niche so alluring. You will either get a pre-built website and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web page and order form. Normally, you have the opportunity to pick between the 2 options, so it all revolves around how expert you are in these things. As a domain reseller, you will do business under your personal brand and not on behalf of the Registrar's.
Earn Cash From Trading Web Page Hosting Services Too
A suitable supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to people who wish to have their web portal and demand both a domain name and a web site hosting package. A few corporations supply such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to bill your clients. You can then offer TLDs and shared hosting accounts to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all over the globe.