Domain name reseller
The World Wide Web is an ever-flourishing system that supplies new opportunities to make cash online. One of them is to be a domain name reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is a flourishing marketing niche that you can be involved in.
TLDs and SLDs
A domain involves two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that manages the registrations and determines the requirements that each specific top-level domain name may contain, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Gain Profit From Trading Domains
Many Registrars have reseller programs that allow people to earn money from selling domains to end clients. If you register with such a program, you can begin your own web business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more customers in local districts or countries where the Registrar may not be famous 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 imposes for the domain name registration.
Sell Top-Level Domain Names Under Your Personal Brand Name
When you register with a domain name reseller program, you will have a webspace hosting CP where you can select the prices for the different TLDs that the Registrar offers. Most corporations also provide invoice management software and design templates for your virtual storefront, and the automation of the entire process together with the big demand for domain names make the domain name reseller business so tempting. You will either obtain a ready-for-use site and avail 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 own website and order form. Commonly, you have the option to pick between the 2 options, so it all revolves around how proficient you are in these matters. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's.
Gain Revenue From Providing Web Space Hosting Solutions Too
An appropriate addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to individuals who desire to manage their site and demand both a domain and a web hosting account. Certain companies have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your customers. You can then offer TLDs and shared web hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to persons from all around the world.