Domain name reseller
The Internet is an ever-increasing platform that furnishes new opportunities to make cash on the Web. One of them is to become a domain reseller and sell domains to end users, gaining profit 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 presently functioning domain names, so this is a growing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes 2 constituents - a Top-Level Domain (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 Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an organization that deals with the registrations and sets the prerequisites that each particular top-level domain name may include, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain resource records.
Make Money From Reselling Domain Names
A lot of Registrars have reseller programs that allow people to make money from offering domain names to end customers. If you subscribe to such a program, you can kickstart your own personal online business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more people in local regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Domain Names On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will get a web space hosting Control Panel where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer invoicing transaction software and web page layouts for your online shop, and the automation of the entire procedure combined with the expanding demand for domain names render the domain name reseller market so tempting. You will either obtain a ready-made website and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal online portal and form for placing orders. Traditionally, you have the opportunity to pick between the two alternatives, so it all revolves around how expert you are in these issues. As a domain name reseller, you will sell under your personal brand name and not under the Registrar's.
Make Cash From Promoting Webspace Hosting Services Too
A nice supplement to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to customers who wish to establish their web site and require both a domain and a hosting account. A number of corporations offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to charge your clients. You can then offer TLDs and shared web hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to users from all over the globe.