Domain name reseller
The Internet is an ever-flourishing network that delivers new possibilities to earn money on the Web. One of these ways is to become a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domains, so this is a growing marketing niche that you can become engaged in.
TLDs and SLDs
A domain name comprises 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the preconditions that each concrete top-level domain name may include, such as the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and handle all domain records.
Gain Profit From Offering Domain Names
Plenty of Registrars have reseller programs that allow people to make revenue from selling domain names to end customers. If you sign up for such a program, you can build your very own personal web business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more users in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell TLDs Under Your Own Trademark Name
When you sign up for a domain name reseller program, you will receive a site hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoice management software and layouts for your online store, and the automation of the entire procedure together with the flourishing demand for domain names make the domain reseller business so alluring. You will either obtain a pre-developed web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and form for placing orders. Traditionally, you have the opportunity to decide between the two alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's brand.
Earn Money From Reselling Hosting Services As Well
A suitable addition to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to clients who wish to build their web portal and require both a domain and a web page hosting account. Some firms supply 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 charge-free invoicing transaction software to charge your clients. You can then sell domains and shared hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to customers from all around the world.