Domain name reseller
The Internet is an ever-growing community that furnishes new ways to earn cash online. One of them is to be a domain reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is composed of two parts - 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 famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that denote 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 top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the requirements that each given Top-Level Domain may have, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all DNS records.
Earn Revenue From Selling Domains
Numerous Registrars have reseller programs that permit people to gain profit from offering domain names to end customers. If you sign up for such a program, you can launch your very own personal web business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more people in local communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a site hosting Control Panel where you can select the prices for the various top-level domain names that the Registrar offers. Most corporations also offer billing transaction software and design skins for your virtual store, and the automation of the whole procedure coupled with the vast demand for domain names make the domain name reseller market niche so tempting. You will either have a pre-built website and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Usually, you have the option to select between the 2 options, so it all depends on how proficient 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 Cash From Providing Website Hosting Plans As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who desire to create their site and require both a domain name and a web site hosting plan. A few companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to charge your clients. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.