Domain name reseller
The World Wide Web is an ever-developing system that delivers new options to earn money on the Web. One of them is to be a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a growing marketing niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 pieces - 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 Domains can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each specific TLD may involve, like the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name resource records.
Gain Revenue From Selling Domains
Plenty of Registrars have reseller programs that enable people to earn cash from selling domains to end users. If you register with such a program, you can launch your very own personal web business. Usually, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more users in local communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell Domain Names Under Your Own Brand
When you sign up for a domain name reseller program, you will acquire a web hosting CP where you can set the prices for the various top-level domain names that the Registrar offers. Most companies also offer billing management software and web page layouts for your online storefront, and the automation of the entire procedure coupled with the rising demand for domain names make the domain name reseller market niche so seductive. You will either have a pre-developed site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web page and form for placing orders. Usually, you have the opportunity to select between the 2 possibilities, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will work on behalf of your own personal trademark name and not under the Registrar's brand.
Make Cash From Promoting Webspace Hosting Solutions As Well
A proper supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to people who would like to build their site and need both a domain name and a web page hosting package. Some firms have such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to charge your customers. You can then sell domain names and shared web hosting packages to clients, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to people from all around the world.