Domain reseller
The World Wide Web is an ever-expanding platform that delivers new opportunities to earn cash on the Web. One of them is to become a domain name reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is a growing marketing niche that you can become involved in.
TLDs and SLDs
A domain name involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that handles the registrations and sets the requirements that each given TLD may involve, including the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain name resource records.
Gain Revenue From Selling Domain Names
Multiple Registrars have reseller programs that enable individuals to earn profit from offering domain names to end clients. If you subscribe to such a program, you can kickstart your very own personal electronic business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more customers in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will have a web site hosting CP where you can settle the prices for the various TLDs that the Registrar offers. Most companies also offer invoice transaction software and design layouts for your virtual shop, and the automation of the whole process coupled with the growing demand for domain names make the domain reseller business niche so attractive. You will either obtain a pre-built website and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Typically, you have the opportunity to select between the 2 possibilities, so it all revolves around how accomplished you are in these issues. As a domain name reseller, you will do business on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Make Cash From Offering Webspace Hosting Packages Too
A good addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to customers who wish to create their online portal and require both a domain name and a web hosting plan. Some companies have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to charge your customers. You can then sell domain names and shared hosting accounts to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the world.