Domain reseller
The World Wide Web is an ever-expanding system that furnishes new possibilities to gain cash on the Internet. One of them is to become a domain name reseller and sell domains to end users, making 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 currently functioning domain names, so this is a blooming marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name involves two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-character abbreviations that represent each country. Instances of ccTLDs 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 TLD, has a Registry - an organization that administers the registrations and determines the prerequisites that each given top-level domain name may contain, such as the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name resource records.
Make Revenue From Selling Domains
Plenty of Registrars have reseller programs that allow individuals to make cash from selling domain names to end users. If you register with such a program, you can kick off your own electronic business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more individuals in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade TLDs Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a web space hosting Control Panel where you can set the prices for the different TLDs that the Registrar offers. Most firms also provide invoice management software and web design themes for your online store, and the automation of the whole process combined with the flourishing demand for domains make the domain reseller industry so alluring. You will either receive a turn-key website and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own web portal and order form. Commonly, you have the opportunity to select between the two options, so it all depends on how trained you are in these matters. As a domain reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's.
Make Cash From Promoting Web Site Hosting Services Too
An excellent supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who desire to establish their web site and need both a domain and a web hosting plan. Given corporations provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice transaction software to bill your clients. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to clients from all over the globe.