Domain reseller
The Internet is an ever-flourishing platform that furnishes new options to make money online. One of these options is to be a domain reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is a flowering marketing niche that you can be involved in.
TLDs and SLDs
A domain includes 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and sets the preconditions that each concrete TLD may have, among them the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain resource records.
Gain Profit From Offering Domain Names
Many Registrars have reseller programs that permit individuals to make money from selling domain names to end users. If you sign up for such a program, you can build your own personal online business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more people in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a web page hosting CP where you can select the prices for the specific TLDs that the Registrar provides. Most companies also provide invoice management software and web page templates for your virtual storefront, and the automation of the whole process combined with the enormous demand for domain names make the domain name reseller industry so seductive. You will either obtain a ready-for-use website and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Typically, you have the option to decide between the 2 alternatives, so it all revolves around how skilled you are in these things. As a domain reseller, you will operate under your very own trademark name and not under the Registrar's brand.
Earn Profit From Promoting Website Hosting Plans Too
An excellent addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to persons who would like to establish their online portal and need both a domain name and a website hosting plan. A number of corporations supply such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to charge your customers. You can then offer top-level domain names and shared website hosting accounts to customers, and since they offer many different domain extensions, you will be able to offer domain and hosting services to users from all over the world.