Domain name reseller
The Internet is an ever-flourishing network that generates new options to gain cash online. One of these possibilities is to become a domain reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a thriving marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name includes 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-character abbreviations that represent 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 Top-Level Domain or a country-code one, has a Registry - an organization that administers the registrations and sets the prerequisites that each concrete top-level domain name may have, including the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain resource records.
Earn Cash From Selling Domains
A lot of Registrars have reseller programs that allow individuals to gain revenue from selling domains to end users. If you subscribe to such a program, you can kick off your very own personal electronic business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more users in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit 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 registration.
Trade TLDs Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will receive a web page hosting CP where you can settle the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer invoice software and website layouts for your virtual shop, and the automation of the entire process combined with the enormous demand for domains render the domain name reseller market so attractive. You will either receive a ready-to-use web site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Generally, you have the option to decide between the two possibilities, so it all depends on how skilled you are in these affairs. As a domain reseller, you will operate on behalf of your personal brand name and not on behalf of the Registrar's brand.
Earn Money From Supplying Website Hosting Plans Too
A relevant supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to persons who wish to have their web portal and need both a domain name and a site hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing software to charge your clients. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.