Domain name reseller
The World Wide Web is an ever-enlarging system that furnishes new options to gain money online. One of these ways is to become a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently active domains, so this is a thriving business niche that you can be a part of.
TLDs and SLDs
A domain name is made of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an institution that handles the registrations and sets the preconditions that each given Top-Level Domain may have, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact sell the domain name to customers and handle all domain name resource records.
Gain Money From Reselling Domain Names
Numerous Registrars have reseller programs that enable people to earn cash from selling domain names to end customers. If you subscribe to such a program, you can initiate your own electronic business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more users in provinces or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Domains Under Your Own Trademark Name
When you register with a domain reseller program, you will have a hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoice transaction software and web design layouts for your web store, and the automation of the entire procedure combined with the great demand for domains render the domain name reseller business niche so alluring. You will either receive a ready-to-use web site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all depends on how trained you are in these things. As a domain reseller, you will operate under your own personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Trading Website Hosting Services Too
A good supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to persons who desire to make their online portal and need both a domain and a website hosting account. Given companies have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing management software to bill your clients. You can then offer top-level domain names and shared website hosting plans to clients, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.