Domain name reseller
The Internet is an ever-increasing system that supplies new options to earn money online. One of these options is to be a domain name reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a flourishing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name involves two constituents - 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 name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that administers the registrations and sets the requirements that each specific top-level domain name may contain, including the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain name records.
Earn Profit From Offering Domains
Numerous Registrars have reseller programs that permit individuals to gain cash from selling domains to end customers. If you register with such a program, you can commence your own web business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more people in local districts or countries where the Registrar may not be famous whatsoever. 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 client pays and the one that the Registrar levies for the domain registration.
Resell TLDs On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will have a webspace hosting Control Panel where you can set the prices for the various TLDs that the Registrar provides. Most corporations also offer invoice management software and design templates for your web store, and the automation of the entire process together with the enlarging demand for domain names render the domain name reseller market niche so tempting. You will either have a pre-built web site and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Normally, you have the opportunity to choose between the 2 alternatives, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will sell on behalf of your very own personal brand and not under the Registrar's brand.
Make Cash From Reselling Website Hosting Services Too
A proper addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to individuals who want to build their site and need both a domain name and a website hosting account. Particular corporations 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 name reseller account and free-of-cost billing software to charge your customers. You can then sell TLDs and shared web hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.