Domain name reseller
The World Wide Web is an ever-flourishing platform that delivers new options to gain money on the Internet. One of these possibilities is to be a domain name reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering business niche that you can be engaged in.
TLDs and SLDs
A domain consists of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that correspond to 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 or a country-code top-level domain name, has a Registry - an organization that handles the registrations and determines the preconditions that each particular Top-Level Domain may have, like the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain name records.
Make Revenue From Offering Domain Names
Many Registrars have reseller programs that permit people to make money from selling domain names to end clients. If you subscribe to such a program, you can launch your very own electronic business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can contact more users in areas or countries where the Registrar may not be popular 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 user pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs On Behalf Of Your Own Personal Trademark Name
When you register with a domain name reseller program, you will acquire a CP where you can determine the prices for the individual top-level domain names that the Registrar provides. Most companies also offer invoice software and templates for your online store, and the automation of the entire process coupled with the immense demand for domain names make the domain reseller market so alluring. You will either have a pre-developed site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal website and order form. Usually, you have the opportunity to pick between the 2 alternatives, so it all revolves around how skilled you are in these things. As a domain reseller, you will work on behalf of your personal brand name and not under the Registrar's.
Earn Profit From Offering Site Hosting Services Too
A perfect addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to individuals who want to create their web page and require both a domain and a hosting plan. A number of companies offer such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to bill your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the world.