Domain reseller
The Internet is an ever-expanding platform that provides new opportunities to gain cash online. One of these options is to be a domain name reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each concrete TLD may contain, such as the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain records.
Earn Cash From Offering Domains
Lots of Registrars have reseller programs that allow people to gain cash from offering domain names to end users. If you sign up for such a program, you can launch your own personal web business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more clients in areas or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides 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 registration.
Offer Top-Level Domains On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will obtain a Control Panel where you can settle the prices for the various TLDs that the Registrar offers. Most firms also offer invoice software and site skins for your online store, and the automation of the entire procedure together with the vast demand for domains make the domain name reseller business niche so attractive. You will either acquire a pre-made web site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own portal and order form. Typically, you have the option to choose between the 2 alternatives, so it all revolves around how expert you are in these issues. As a domain name reseller, you will work on behalf of your very own brand and not on behalf of the Registrar's brand.
Make Profit From Offering Website Hosting Services As Well
A nice supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who desire to run their web portal and require both a domain name and a website hosting plan. A number of companies supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to bill your customers. You can then offer domains and shared web hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.