Domain name reseller
The Internet is an ever-increasing system that supplies new options to make cash on the Web. One of these possibilities is to be a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is an expanding marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is composed of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that stand for each country. Examples of ccTLDs 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 organization that manages the registrations and determines the prerequisites that each specific top-level domain name may entail, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and manage all DNS resource records.
Make Cash From Trading Domains
Numerous Registrars have reseller programs that enable people to earn revenue from offering domains to end clients. If you subscribe to such a program, you can kickstart your very own personal web business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more customers in regional communities or states where the Registrar may not be popular 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 client pays and the one that the Registrar levies for the domain registration.
Offer Domains Under Your Own Brand Name
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoice software and site templates for your online storefront, and the automation of the whole process coupled with the flourishing demand for domain names render the domain reseller market so desirable. You will either obtain a ready-made site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own site and form for placing orders. Traditionally, you have the option to choose between the 2 possibilities, so it all revolves around how practiced you are in these things. As a domain reseller, you will sell on behalf of your own trademark name and not under the Registrar's brand.
Make Revenue From Selling Site Hosting Solutions Too
An excellent addition to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to users who would like to run their web page and need both a domain name and a webspace hosting account. Some firms offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice transaction software to charge your clients. You can then sell domain names and shared web hosting packages to customers, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to people from all over the globe.