Domain name reseller
The World Wide Web is an ever-enlarging platform that generates new opportunities to earn money online. One of these options is to become a domain name reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of presently active domains, so this is a flourishing marketing niche that you can be engaged in.
TLDs and SLDs
A domain name includes 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that handles the registrations and sets the requirements that each given Top-Level Domain may include, such as the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS resource records.
Earn Money From Offering Domains
Many Registrars have reseller programs that enable individuals to gain profit from offering domain names to end users. If you register with such a program, you can start your own e-business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more people in local regions or countries where the Registrar may not be popular at all. 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 imposes for the domain registration.
Resell Domain Names Under Your Personal Trademark Name
When you register with a domain name reseller program, you will acquire a webspace hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoice management software and design themes for your virtual storefront, and the automation of the whole procedure coupled with the huge demand for domains render the domain reseller business niche so tempting. You will either receive a ready-for-use site and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal site and form for placing orders. Generally, you have the opportunity to select between the two possibilities, so it all depends on how skilled you are in these things. As a domain reseller, you will sell on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Reselling Web Space Hosting Services Too
An appropriate addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to people who want to have their online portal and need both a domain and a hosting account. Particular corporations have such options. With 'ResellersPanel', for instance, you can buy 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 sell Top-Level Domains and shared web hosting plans to clients, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to persons from all around the world.