Domain name reseller
The World Wide Web is an ever-expanding community that delivers new opportunities to earn cash on the Web. One of these options is to become a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is an expanding marketing niche that you can be engaged in.
TLDs and SLDs
A domain includes 2 components - 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 Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-character abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and determines the preconditions that each particular top-level domain name 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 companies that in fact sell the domain name to clients and manage all domain name records.
Earn Cash From Selling Domain Names
Lots of Registrars have reseller programs that permit people to earn revenue from offering domain names to end clients. If you subscribe to such a program, you can commence your very own personal online business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can reach more individuals in local regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain reseller program, you will have a web space hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and web design layouts for your virtual store, and the automation of the whole process combined with the expanding demand for domains render the domain name reseller business so tempting. You will either obtain a ready-to-use website and make use of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal website and order form. Typically, you have the opportunity to decide between the two alternatives, so it all depends on how practiced you are in these matters. As a domain reseller, you will do business on behalf of your very own personal brand name and not under the Registrar's brand.
Make Money From Reselling Web Space Hosting Plans Too
A suitable supplement to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to customers who want to create their web site and require both a domain name and a webspace hosting account. Given companies furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free billing management software to bill your customers. You can then sell domains and shared website hosting plans to customers, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to people from all around the globe.