Domain reseller
The Internet is an ever-enlarging system that generates new opportunities to gain cash on the Web. One of these ways is to become a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that tackles the registrations and sets the prerequisites that each concrete TLD may impose, like the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name resource records.
Earn Money From Reselling Domains
Lots of Registrars have reseller programs that allow individuals to gain revenue from selling domains to end users. If you sign up for such a program, you can establish your very own e-business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more people in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domain Names On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web site hosting Control Panel where you can set the prices for the various TLDs that the Registrar provides. Most corporations also offer billing management software and web site skins for your online store, and the automation of the whole process combined with the growing demand for domain names render the domain name reseller market so tempting. You will either have a ready-to-use web site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal online portal and order form. Usually, you have the option to choose between the two options, so it all depends on how trained you are in these issues. As a domain reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's.
Earn Cash From Reselling Site Hosting Accounts Too
A logical supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to persons who want to manage their web site and need both a domain name and a web hosting plan. Some firms provide such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to charge your customers. You can then offer top-level domain names and shared website hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to users from all around the globe.