Domain name reseller
The Internet is an ever-growing system that furnishes new opportunities to gain money online. One of these possibilities is to be a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a growing business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains 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 one, has a Registry - an organization that tackles the registrations and sets the requirements that each particular Top-Level Domain may entail, such as the duration 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 customers and manage all DNS resource records.
Make Revenue From Selling Domains
Multiple Registrars have reseller programs that allow individuals to earn cash from selling domain names to end clients. If you register with such a program, you can begin your very own electronic business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more customers in local regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will acquire a website hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar provides. Most companies also offer invoice software and web site templates for your virtual shop, and the automation of the entire process coupled with the strong demand for domain names make the domain reseller industry so alluring. You will either receive a pre-built site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal online portal and order form. Normally, you have the option to select between the 2 options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will do business on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Providing Site Hosting Services Too
A proper supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to individuals who would like to develop their website and require both a domain name and a web space hosting package. A few companies offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free invoice management software to bill your clients. You can then sell Top-Level Domains and shared hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the world.