Domain reseller
The World Wide Web is an ever-developing platform that delivers new possibilities to make cash on the Web. One of these opportunities is to be a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domain names, so this is a flowering marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the prerequisites that each particular TLD may contain, like the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain resource records.
Earn Cash From Reselling Domains
Multiple Registrars have reseller programs that enable people to gain money from offering domain names to end clients. If you sign up for such a program, you can kick off your very own web business. Normally, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more individuals in regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a web space hosting CP where you can set the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide billing software and web site themes for your online storefront, and the automation of the entire process together with the great demand for domains render the domain reseller industry so tempting. You will either get a pre-made site and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Commonly, you have the opportunity to choose between the two options, so it all revolves around how advanced you are in these things. As a domain reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's brand.
Earn Profit From Offering Website Hosting Plans Too
An excellent addition to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to customers who want to build their web portal and need both a domain name and a web space hosting package. Certain companies supply such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your clients. You can then sell top-level domain names and shared hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to customers from all over the globe.