Domain reseller
The Internet is an ever-expanding system that provides new options to make money online. One of these ways is to become a domain reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blooming marketing niche that you can become involved in.
TLDs and SLDs
A domain name involves 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that administers the registrations and sets the preconditions that each particular Top-Level Domain may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all DNS records.
Earn Cash From Offering Domain Names
Lots of Registrars have reseller programs that allow people to earn cash from selling domain names to end users. If you subscribe to such a program, you can establish your own Internet business. Regularly, a domain name 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 reason is that resellers can contact more persons in regional districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a site hosting Control Panel where you can select the prices for the separate TLDs that the Registrar provides. Most companies also provide invoicing transaction software and design skins for your online shop, and the automation of the entire procedure coupled with the big demand for domains make the domain name reseller business niche so seductive. You will either receive a turn-key site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own web portal and order form. Commonly, you have the option to pick between the 2 alternatives, so it all revolves around how experienced you are in these issues. As a domain name reseller, you will operate under your own personal brand name and not on behalf of the Registrar's.
Earn Money From Offering Web Space Hosting Packages Too
A good addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to users who would like to run their web page and require both a domain name and a website hosting account. A few companies supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to charge your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to customers from all over the world.