Domain name reseller
The Internet is an ever-increasing system that generates new ways to gain cash online. One of these ways is to become a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is a growing marketing niche that you can become involved in.
TLDs and SLDs
A domain name is made of two pieces - a Top-Level Domain (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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the requirements that each specific top-level domain name may entail, among them the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and administer all domain name resource records.
Earn Cash From Selling Domain Names
Numerous Registrars have reseller programs that permit people to gain profit from selling domain names to end users. If you register with such a program, you can set up your own personal online business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more persons in regional communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties 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 name registration.
Sell TLDs Under Your Own Brand Name
When you sign up for a domain reseller program, you will have a web space hosting Control Panel where you can set the prices for the various TLDs that the Registrar provides. Most corporations also provide invoice management software and website templates for your online storefront, and the automation of the whole procedure coupled with the vast demand for domains render the domain reseller business niche so alluring. You will either obtain a pre-built web site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web page and order form. Normally, you have the option to pick between the two options, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will operate on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Make Profit From Offering Web Page Hosting Packages As Well
A reasonable addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to individuals who wish to establish their online portal and require both a domain and a webspace hosting package. Given companies have such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to charge your customers. You can then offer top-level domain names and shared website hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.