Domain name reseller
The Internet is an ever-expanding network that furnishes new options to gain cash online. One of these ways is to be a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently functioning domains, so this is a flowering marketing niche that you can be engaged in.
TLDs and SLDs
A domain involves 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that manages the registrations and determines the requirements that each particular top-level domain name may involve, like the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name resource records.
Earn Cash From Trading Domains
Numerous Registrars have reseller programs that allow people to earn revenue from offering domains to end clients. If you subscribe to such a program, you can set up your own Internet business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more people in local regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will earn a profit from 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.
Offer TLDs On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will receive a web hosting CP where you can fix the prices for the separate top-level domain names that the Registrar provides. Most companies also offer billing management software and web site layouts for your web storefront, and the automation of the entire process coupled with the expanding demand for domain names render the domain name reseller industry so alluring. You will either get a ready-for-use web site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal website and form for placing orders. Normally, you have the option to choose between the 2 options, so it all revolves around how experienced you are in these issues. As a domain name reseller, you will sell on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Earn Money From Providing Webspace Hosting Plans Too
A proper addition to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to persons who wish to manage their site and demand both a domain and a web space hosting plan. A number of corporations provide such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.