Domain name reseller
The World Wide Web is an ever-expanding platform that furnishes new options to gain money on the Web. One of them is to be a domain reseller and sell domain names to end users, generating 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 presently functioning domains, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
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 widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-letter abbreviations that stand for each country. Examples 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 country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the preconditions that each specific top-level domain name may involve, among them the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to clients and handle all domain name resource records.
Make Revenue From Selling Domains
Many Registrars have reseller programs that allow people to gain money from offering domain names to end customers. If you sign up for such a program, you can kickstart your own personal online business. Typically, 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 customer. The cause is that resellers can reach more customers in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell TLDs On Behalf Of Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will obtain a Control Panel where you can set the prices for the different TLDs that the Registrar offers. Most companies also provide invoicing transaction software and web layouts for your virtual store, and the automation of the whole procedure together with the expanding demand for domain names make the domain name reseller market niche so attractive. You will either receive a pre-built web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal site and form for placing orders. Commonly, you have the option to decide between the two alternatives, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will do business under your own brand name and not under the Registrar's.
Earn Profit From Promoting Website Hosting Plans Too
A sensible supplement to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to individuals who want to build their online portal and require both a domain and a web space hosting account. Some companies provide such options. With 'ResellersPanel', for example, you can order 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 bill your clients. You can then offer TLDs and shared hosting accounts to clients, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the globe.