Domain name reseller
The Internet is an ever-growing network that delivers new options to earn cash online. One of these options is to be a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is a blossoming marketing niche that you can be a part of.
TLDs and SLDs
A domain name consists of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each concrete TLD may involve, such as the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to clients and handle all domain records.
Earn Profit From Trading Domain Names
Many Registrars have reseller programs that allow individuals to earn profit from offering domain names to end customers. If you subscribe to such a program, you can start your very own personal Internet business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more persons in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will cash in on 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.
Trade Top-Level Domain Names Under Your Own Brand
When you sign up for a domain name reseller program, you will obtain a web site hosting Control Panel where you can set the prices for the various TLDs that the Registrar offers. Most corporations also offer invoicing transaction software and site skins for your virtual shop, and the automation of the whole process combined with the increasing demand for domain names make the domain reseller industry so tempting. You will either obtain a turn-key web site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and form for placing orders. Typically, you have the option to select between the 2 possibilities, so it all depends on how skilled you are in these matters. As a domain name reseller, you will work on behalf of your very own trademark name and not under the Registrar's brand.
Make Revenue From Offering Site Hosting Plans Too
A logical addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to users who wish to run their web site and need both a domain and a web hosting plan. A number of firms furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to charge your clients. You can then sell domain names and shared website hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the globe.