Domain name reseller
The World Wide Web is an ever-expanding community that furnishes new ways to gain cash online. One of them is to be a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains 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 be a part of.
Top-Level and Second-Level Domains Names
A domain name includes two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".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 gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular top-level domain name may entail, among them the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and administer all DNS resource records.
Earn Profit From Trading Domains
Many Registrars have reseller programs that allow individuals to make profit from offering domain names to end customers. If you register with such a program, you can launch your own personal Internet business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more customers in regional communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Domain Names Under Your Own Brand
When you register with a domain reseller program, you will receive a CP where you can choose the prices for the different top-level domain names that the Registrar offers. Most companies also offer invoice software and site themes for your virtual store, and the automation of the entire procedure combined with the great demand for domains render the domain name reseller industry so desirable. You will either receive a turn-key website and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and order form. Typically, you have the opportunity to pick between the 2 possibilities, so it all revolves around how expert you are in these matters. As a domain name reseller, you will do business on behalf of your very own personal brand and not under the Registrar's brand.
Earn Cash From Selling Web Space Hosting Accounts Too
An excellent supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to users who wish to develop their web portal and need both a domain name and a web page hosting account. A number of companies offer 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-cost billing software to bill your customers. You can then sell domain names and shared website hosting plans to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all over the globe.