Domain name reseller
The Internet is an ever-increasing system that generates new opportunities to earn money on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an expanding marketing niche that you can become engaged in.
TLDs and SLDs
A domain name includes two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that administers the registrations and sets the requirements that each particular TLD may include, including the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to customers and administer all DNS records.
Gain Money From Reselling Domain Names
Plenty of Registrars have reseller programs that allow individuals to make revenue from offering domain names to end clients. If you sign up for such a program, you can commence your own personal e-business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more clients in local communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Domain Names Under Your Personal Brand
When you register with a domain reseller program, you will receive a web space hosting CP where you can fix the prices for the individual TLDs that the Registrar offers. Most companies also offer invoice transaction software and web page layouts for your online shop, and the automation of the entire process combined with the immense demand for domains render the domain name reseller industry so desirable. You will either get a pre-built web site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web portal and form for placing orders. Usually, you have the opportunity to decide between the two possibilities, so it all depends on how experienced you are in these things. As a domain reseller, you will sell under your own brand and not under the Registrar's brand.
Make Cash From Trading Web Space Hosting Solutions As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to users who wish to establish their web page and require both a domain and a web site hosting account. Given companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice transaction software to bill your customers. You can then sell TLDs and shared website hosting packages to customers, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.