Domain name reseller
The Internet is an ever-expanding system that delivers new ways to earn cash on the Web. One of these ways is to become a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a thriving marketing niche that you can be engaged in.
TLDs and SLDs
A domain comprises 2 components - a top-level domain name (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 second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each given TLD may involve, including the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS records.
Earn Profit From Selling Domain Names
Multiple Registrars have reseller programs that allow people to gain revenue from offering domains to end users. If you subscribe to such a program, you can kickstart your very own web business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more clients in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer TLDs Under Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a web page hosting CP where you can choose the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoicing transaction software and layouts for your virtual storefront, and the automation of the entire procedure coupled with the great demand for domains make the domain reseller market niche so desirable. You will either have a pre-built site and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web site and form for placing orders. Generally, you have the option to pick between the 2 alternatives, so it all revolves around how expert you are in these affairs. As a domain reseller, you will do business under your own trademark name and not under the Registrar's brand.
Make Profit From Offering Site Hosting Solutions Too
A logical addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to persons who would like to set up their web site and require both a domain name and a web site hosting account. A few corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing software to bill your clients. You can then offer Top-Level Domains and shared hosting accounts to clients, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to people from all around the globe.