Domain name reseller
The Internet is an ever-expanding platform that generates new ways to make money on the Internet. One of these opportunities is to become a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a blooming marketing niche that you can become involved in.
TLDs and SLDs
A domain name is composed of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-letter abbreviations that symbolize 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 or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each concrete Top-Level Domain may have, including the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to customers and handle all DNS records.
Earn Profit From Trading Domains
Plenty of Registrars have reseller programs that allow people to earn revenue from offering domain names to end customers. If you register with such a program, you can set up your own personal web business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more persons in local districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will have a hosting CP where you can fix the prices for the different top-level domain names that the Registrar provides. Most corporations also provide billing software and themes for your virtual storefront, and the automation of the whole procedure combined with the vast demand for domain names render the domain name reseller market so tempting. You will either receive a ready-made website and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Generally, you have the opportunity to decide between the 2 options, so it all revolves around how experienced you are in these issues. As a domain reseller, you will do business under your very own personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Supplying Web Hosting Services Too
A good supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to individuals who desire to build their online portal and require both a domain and a website hosting account. A number of corporations provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to bill your clients. You can then offer TLDs and shared web hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.