Domain reseller
The Internet is an ever-increasing network that provides new options to make cash online. One of these options is to be a domain name reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domains, so this is a flowering business niche that you can be engaged in.
TLDs and SLDs
A domain includes 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that handles the registrations and sets the preconditions that each given top-level domain name may contain, including the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and handle all DNS resource records.
Earn Revenue From Selling Domain Names
Numerous Registrars have reseller programs that enable individuals to earn revenue from selling domains to end clients. If you sign up for such a program, you can initiate your own web business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more persons in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Domains Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will have a webspace hosting CP where you can fix the prices for the different Top-Level Domains that the Registrar offers. Most companies also offer billing transaction software and web site skins for your web store, and the automation of the whole procedure together with the towering demand for domain names make the domain name reseller industry so desirable. You will either have a turn-key site and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Normally, you have the opportunity to choose between the two alternatives, so it all revolves around how practiced you are in these things. As a domain reseller, you will sell under your own personal brand and not under the Registrar's.
Earn Cash From Promoting Website Hosting Solutions As Well
A good supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to customers who want to build their web portal and require both a domain name and a website hosting account. Some firms provide such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing transaction software to charge 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 offer domain and hosting services to people from all around the world.