Domain name reseller
The Internet is an ever-growing platform that delivers new opportunities to gain cash on the Internet. One of these ways is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each 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 a flowering marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick 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 domain names can be generic or country code. The gTLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-character abbreviations that symbolize 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 gTLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the requirements that each specific Top-Level Domain may involve, including the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name records.
Earn Cash From Reselling Domain Names
Many Registrars have reseller programs that permit people to make cash from offering domain names to end clients. If you sign up for such a program, you can build your very own e-business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more clients in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will get a hosting CP where you can determine the prices for the specific top-level domain names that the Registrar offers. Most firms also provide invoice software and design themes for your web storefront, and the automation of the entire process combined with the vast demand for domain names render the domain name reseller market niche so desirable. You will either receive a turn-key website and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Commonly, you have the option to choose between the two options, so it all depends on how skilled you are in these things. As a domain name reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's.
Gain Profit From Providing Web Page Hosting Plans As Well
A proper addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to individuals who desire to make their web portal and require both a domain name and a webspace hosting plan. A number of firms supply such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the world.