Domain name reseller
The Internet is an ever-enlarging platform that offers new ways to make cash online. One of these possibilities is to be a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a growing marketing niche that you can be engaged in.
TLDs and SLDs
A domain involves two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that administers the registrations and determines the prerequisites that each given top-level domain name may contain, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain records.
Earn Profit From Trading Domain Names
Plenty of Registrars have reseller programs that allow individuals to earn cash from offering domains to end clients. If you register with such a program, you can initiate your own Internet business. Normally, a domain will be cheaper 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 people in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a hosting Control Panel where you can select the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and web design layouts for your virtual storefront, and the automation of the whole procedure combined with the strong demand for domain names make the domain reseller industry so attractive. You will either get a pre-developed website and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Normally, you have the option to pick between the two possibilities, so it all revolves around how advanced you are in these issues. As a domain reseller, you will sell under your personal brand name and not under the Registrar's.
Gain Cash From Supplying Web Hosting Solutions Too
A nice addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to persons who want to develop their web site and require both a domain and a web page hosting account. Particular corporations provide such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoice transaction software to bill your clients. You can then sell top-level domain names and shared website hosting accounts to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to people from all over the globe.