Domain name reseller
The Internet is an ever-flourishing system that offers new possibilities to gain money on the Internet. One of these options is to be a domain name reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a developing business niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 entities - a Top-Level Domain (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 Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that correspond to each country. Instances of ccTLDs 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 determines the requirements that each specific TLD may have, including the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain resource records.
Earn Revenue From Offering Domains
A lot of Registrars have reseller programs that allow people to earn money from offering domain names to end customers. If you subscribe to such a program, you can commence your own personal web business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can contact more people in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domains Under Your Own Trademark Name
When you subscribe to a domain name reseller program, you will get a web space hosting Control Panel where you can set the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide billing software and skins for your virtual store, and the automation of the entire procedure coupled with the considerable demand for domains make the domain reseller market niche so tempting. You will either receive a ready-for-use website and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Generally, you have the opportunity to pick between the two possibilities, so it all revolves around how skilled you are in these matters. As a domain reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's brand.
Make Revenue From Promoting Site Hosting Accounts Too
A suitable supplement to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to individuals who would like to have their web portal and need both a domain name and a webspace hosting plan. Particular firms have such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to charge your customers. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.