Domain name reseller
The Internet is an ever-enlarging platform that delivers new options to earn money on the Internet. One of these options is to be a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of presently active domains, so this is a thriving marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain includes two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that deals with the registrations and determines the requirements that each concrete top-level domain name may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS resource records.
Gain Cash From Offering Domains
Numerous Registrars have reseller programs that allow people to gain revenue from offering domains to end users. If you sign up for such a program, you can begin your own e-business. Regularly, a domain name will be cheaper 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 clients in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a 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 registration.
Sell Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most firms also offer invoicing transaction software and website templates for your virtual storefront, and the automation of the entire procedure together with the strong demand for domain names make the domain reseller market so attractive. You will either receive a turn-key website and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal portal and order form. Traditionally, you have the opportunity to select between the two possibilities, so it all revolves around how experienced you are in these issues. As a domain reseller, you will do business on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Gain Profit From Offering Web Hosting Services Too
A sensible supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to individuals who wish to create their site and demand both a domain and a webspace hosting account. A number of firms have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to charge your customers. You can then offer TLDs and shared website hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to provide domain name and hosting services to individuals from all around the world.