Domain name reseller
The World Wide Web is an ever-growing platform that provides new ways to make money on the Internet. One of them is to become a domain reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently active domain names, so this is a developing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that handles the registrations and determines the preconditions that each particular TLD may entail, such as the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and administer all DNS records.
Make Cash From Reselling Domain Names
Lots of Registrars have reseller programs that allow people to make cash from offering domain names to end clients. If you sign up for such a program, you can establish your own e-business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can reach more customers in areas or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will receive a web site hosting CP where you can choose the prices for the individual top-level domain names that the Registrar provides. Most companies also offer billing management software and templates for your web store, and the automation of the whole process together with the vast demand for domain names make the domain reseller business niche so tempting. You will either acquire a turn-key web site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will work on behalf of your very own personal brand name and not under the Registrar's.
Earn Profit From Offering Web Hosting Solutions As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to individuals who wish to run their website and need both a domain name and a site hosting account. A number of firms furnish such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell Top-Level Domains and shared web hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to individuals from all over the globe.