Domain name reseller
The World Wide Web is an ever-increasing system that offers new possibilities to gain cash online. One of these ways is to be a domain name reseller and offer 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 each and every day, and there are millions of currently active domain names, so this is an enlarging marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-character abbreviations that represent each country. Examples 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 one, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each given TLD may contain, like the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain resource records.
Earn Cash From Selling Domains
A lot of Registrars have reseller programs that enable people to gain cash from selling domain names to end clients. If you subscribe to such a program, you can set up your own Internet business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more users in provinces or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell TLDs On Behalf Of Your Own Brand
When you register with a domain name reseller program, you will obtain a web page hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and themes for your virtual storefront, and the automation of the whole process together with the great demand for domains render the domain reseller market niche so seductive. You will either obtain a pre-built web site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web page and order form. Usually, you have the opportunity to decide between the 2 possibilities, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will sell under your own brand name and not under the Registrar's.
Earn Profit From Providing Hosting Solutions Too
A suitable addition to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to persons who would like to establish their site and require both a domain name and a web site hosting package. Some corporations offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing transaction software to charge your customers. You can then offer domains and shared web hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to users from all over the globe.