Domain name reseller
The World Wide Web is an ever-growing network that generates new options to gain cash online. One of these possibilities is to be a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of currently active domains, so this is an expanding marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain comprises two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-letter abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that tackles the registrations and determines the requirements that each specific Top-Level Domain may have, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain resource records.
Make Cash From Reselling Domains
Lots of Registrars have reseller programs that permit individuals to make revenue from selling domains to end clients. If you register with such a program, you can kickstart your own personal web business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more customers in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domain Names Under Your Own Personal Brand
When you register with a domain name reseller program, you will receive a web page hosting CP where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoicing software and web design themes for your web shop, and the automation of the whole process combined with the growing demand for domain names render the domain name reseller market niche so seductive. You will either have a ready-made website 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 set up your very own personal web page and form for placing orders. Generally, you have the option to select between the two options, so it all depends on how skilled you are in these things. As a domain reseller, you will sell on behalf of your own personal brand and not on behalf of the Registrar's.
Earn Profit From Supplying Site Hosting Packages Too
A logical addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to individuals who would like to establish their site and require both a domain and a web space hosting plan. A number of companies supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your clients. You can then offer top-level domain names and shared hosting packages to customers, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.