Domain name reseller
The Internet is an ever-increasing network that delivers new possibilities to earn cash online. One of these opportunities is to be a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is an expanding marketing niche that you can become a part of.
TLDs and SLDs
A domain name includes 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the requirements that each given Top-Level Domain may impose, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name records.
Gain Money From Trading Domains
A lot of Registrars have reseller programs that enable people to gain revenue from selling domains to end users. If you sign up for such a program, you can initiate your own electronic business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more individuals in local districts or countries where the Registrar may not be popular whatsoever. 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 customer pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will acquire a Control Panel where you can determine the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide invoice transaction software and themes for your online shop, and the automation of the whole procedure together with the expanding demand for domain names render the domain reseller industry so tempting. You will either have a ready-for-use website and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own online portal and order form. Normally, you have the option to pick between the 2 options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will work on behalf of your very own brand and not under the Registrar's.
Make Money From Selling Hosting Packages As Well
A suitable supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to clients who want to make their web site and require both a domain name and a website hosting package. Some companies offer such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice management software to charge your customers. You can then sell domain names and shared website hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.