Domain name reseller
The World Wide Web is an ever-flourishing network that furnishes new opportunities to make cash on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domain names, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the requirements that each particular TLD may have, such as the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and handle all DNS records.
Earn Cash From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to make profit from selling domains to end users. If you subscribe to such a program, you can establish your very own personal web business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more persons in local regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Domains Under Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will have a hosting CP where you can fix the prices for the separate top-level domain names that the Registrar offers. Most companies also provide billing transaction software and web templates for your virtual shop, and the automation of the whole process combined with the considerable demand for domain names make the domain name reseller business so alluring. You will either acquire a ready-made website and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own site and order form. Usually, you have the opportunity to pick between the 2 possibilities, so it all depends on how expert you are in these issues. As a domain reseller, you will work under your very own brand and not under the Registrar's.
Earn Profit From Selling Web Space Hosting Plans Too
A good addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to persons who wish to establish their online portal and need both a domain name and a web hosting plan. Some firms provide such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing software to bill your customers. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.