Domain name reseller
The World Wide Web is an ever-flourishing community that generates new possibilities to earn money online. One of these options is to be a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-character abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each specific top-level domain name may involve, among them the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain records.
Gain Cash From Offering Domain Names
Numerous Registrars have reseller programs that allow people to make cash from selling domain names to end clients. If you sign up for such a program, you can launch your very own personal online business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more clients in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will make a 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 name registration.
Offer TLDs Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a web page hosting CP where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoice transaction software and website themes for your virtual storefront, and the automation of the whole procedure together with the flourishing demand for domain names make the domain reseller business niche so alluring. You will either acquire a ready-for-use website and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Normally, you have the opportunity to select between the 2 alternatives, so it all revolves around how trained you are in these matters. As a domain reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Earn Cash From Providing Web Site Hosting Solutions Too
A suitable supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to persons who desire to launch their web page and need both a domain and a web site hosting account. A few corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to charge your customers. You can then sell domains and shared hosting packages to clients, and since they offer a lot of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.