Domain name reseller
The Internet is an ever-expanding platform that delivers new ways to make money online. One of these ways is to become a domain reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domain names, so this is a growing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name consists of 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each particular TLD may impose, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name resource records.
Make Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to earn revenue from selling domain names to end customers. If you subscribe to such a program, you can commence your very own e-business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more users in provinces or countries where the Registrar may not be popular 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 Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web hosting CP where you can set the prices for the separate TLDs that the Registrar offers. Most firms also provide invoicing software and web page templates for your online shop, and the automation of the whole procedure together with the increasing demand for domain names make the domain reseller business niche so seductive. You will either have a pre-built web site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Usually, you have the option to decide between the two options, so it all depends on how proficient you are in these issues. As a domain reseller, you will sell on behalf of your own brand name and not on behalf of the Registrar's brand.
Gain Money From Supplying Web Hosting Plans Too
A suitable addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to customers who wish to have their online portal and need both a domain and a web space hosting package. A number of corporations provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice transaction software to bill your customers. You can then offer domain names and shared hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all over the world.