Domain name reseller
The World Wide Web is an ever-developing platform that delivers new opportunities to earn cash online. One of them is to become a domain name reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves two constituents - a Top-Level Domain (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 Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each specific Top-Level Domain may include, among them the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS resource records.
Earn Profit From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to earn cash from selling domains to end users. If you sign up for such a program, you can commence your own personal Internet business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more individuals in local districts 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 revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Domains Under Your Very Own Brand Name
When you register with a domain name reseller program, you will obtain a web space hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most firms also offer billing software and web design templates for your online storefront, and the automation of the whole process coupled with the immense demand for domain names render the domain reseller market so tempting. You will either acquire a pre-made website and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own online portal and form for placing orders. Typically, you have the opportunity to select between the 2 alternatives, so it all depends on how expert you are in these things. As a domain name reseller, you will operate on behalf of your own brand and not on behalf of the Registrar's brand.
Gain Profit From Providing Hosting Plans As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to people who would like to launch their online portal and require both a domain and a webspace hosting plan. A few corporations offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then sell TLDs and shared web hosting plans to clients, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.