Domain name reseller
The World Wide Web is an ever-developing community that offers new opportunities to make money on the Web. One of these possibilities is to be a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is a thriving business niche that you can become a part of.
TLDs and SLDs
A domain name comprises two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the preconditions that each concrete Top-Level Domain may have, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and handle all DNS resource records.
Earn Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that allow individuals to earn revenue from selling domain names to end customers. If you sign up for such a program, you can set up your very own personal e-business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more customers in regional districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade TLDs Under Your Own Personal Brand
When you register with a domain reseller program, you will obtain a site hosting CP where you can set the prices for the specific TLDs that the Registrar provides. Most firms also provide billing management software and web site layouts for your online storefront, and the automation of the whole procedure together with the rising demand for domains render the domain name reseller market niche so attractive. You will either get a pre-developed site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web portal and form for placing orders. Usually, you have the option to choose between the 2 alternatives, so it all depends on how accomplished you are in these things. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's brand.
Earn Revenue From Promoting Webspace Hosting Services As Well
A suitable addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to clients who desire to have their web portal and demand both a domain name and a web space hosting account. Particular companies offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice software to bill your customers. You can then sell Top-Level Domains and shared web hosting plans to customers, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.