Domain name reseller
The Internet is an ever-expanding system that generates new ways to make cash online. One of these ways is to be a domain name reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is a flourishing marketing niche that you can be engaged in.
TLDs and SLDs
A domain name comprises two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each particular Top-Level Domain may involve, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Earn Money From Reselling Domains
Multiple 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 start your own personal e-business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more people in provinces or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Trademark Name
When you register with a domain name reseller program, you will receive a hosting Control Panel where you can select the prices for the individual top-level domain names that the Registrar provides. Most firms also provide invoice management software and skins for your online shop, and the automation of the whole procedure combined with the growing demand for domains make the domain reseller industry so alluring. You will either receive a pre-built website and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Traditionally, you have the opportunity to decide between the two options, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will operate on behalf of your very own brand name and not on behalf of the Registrar's.
Earn Cash From Offering Web Space Hosting Packages As Well
A good addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to people who desire to manage their web page and require both a domain and a web space hosting account. Particular companies provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to charge your customers. You can then sell TLDs and shared web hosting accounts to customers, and since they provide many diverse domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.