Domain name reseller
The Internet is an ever-growing community that furnishes new possibilities to gain cash on the Internet. One of these options is to be a domain name reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is an enlarging marketing niche that you can be involved in.
TLDs and SLDs
A domain name contains 2 constituents - 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 and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-character abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that administers the registrations and determines the prerequisites that each specific TLD may include, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain name resource records.
Gain Revenue From Offering Domain Names
Lots of Registrars have reseller programs that permit people to gain money from selling domains to end users. If you register with such a program, you can start your own personal online business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more clients in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will acquire a web site hosting CP where you can fix the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoice transaction software and web site themes for your web shop, and the automation of the entire procedure coupled with the considerable demand for domains render the domain name reseller industry so tempting. You will either have a ready-made site and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own online portal and form for placing orders. Typically, you have the option to decide between the two options, so it all revolves around how experienced you are in these affairs. As a domain reseller, you will sell on behalf of your own trademark name and not under the Registrar's.
Earn Cash From Trading Site Hosting Accounts Too
A relevant supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to people who want to run their web portal and demand both a domain name and a web page hosting plan. Given firms offer such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing management software to charge your customers. You can then sell domain names and shared web hosting plans to customers, and since they provide many diverse domain extensions, you will be able to offer domain and hosting services to users from all over the globe.