Domain name reseller
The Internet is an ever-expanding system that furnishes new options to earn cash online. One of these possibilities is to be a domain reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is an increasing marketing niche that you can be involved in.
TLDs and SLDs
A domain is made of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each specific TLD may include, such as the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS records.
Earn Profit From Trading Domains
A lot of Registrars have reseller programs that allow individuals to make profit from offering domain names to end users. If you register with such a program, you can commence your own personal electronic business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more clients in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will acquire a CP where you can fix the prices for the individual top-level domain names that the Registrar provides. Most companies also offer invoice transaction software and web page layouts for your web storefront, and the automation of the entire process together with the big demand for domain names render the domain name reseller market so tempting. You will either get a ready-to-use site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web page and form for placing orders. Usually, you have the option to select between the 2 alternatives, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will do business under your personal brand name and not under the Registrar's.
Make Revenue From Offering Hosting Plans Too
A proper supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to individuals who wish to set up their web page and need both a domain name and a website hosting plan. Certain corporations offer such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to bill your clients. You can then offer TLDs and shared web hosting packages to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the world.