Domain name reseller
The World Wide Web is an ever-increasing platform that furnishes new options to earn cash online. One of these options is to be a domain reseller and offer domain names to end clients, earning 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 presently functioning domains, so this is a blooming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is made of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that handles the registrations and determines the requirements that each given TLD may have, including the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain records.
Make Revenue From Selling Domain Names
A lot of Registrars have reseller programs that allow individuals to earn profit from offering domains to end clients. If you sign up for such a program, you can initiate your very own Internet business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more users in local regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains Under Your Own Trademark Name
When you subscribe to a domain reseller program, you will receive a web space hosting CP where you can determine the prices for the individual Top-Level Domains that the Registrar provides. Most firms also offer invoicing software and web site skins for your web storefront, and the automation of the entire process combined with the expanding demand for domain names render the domain name reseller business niche so attractive. You will either acquire a ready-for-use web site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own web site and order form. Commonly, you have the opportunity to pick between the 2 alternatives, so it all depends on how trained you are in these issues. As a domain reseller, you will operate on behalf of your own trademark name and not under the Registrar's brand.
Gain Cash From Supplying Web Site Hosting Packages Too
A reasonable supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to individuals who want to create their online portal and demand both a domain name and a website hosting package. Some firms offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to bill your customers. You can then offer domains and shared web hosting plans to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.