Domain name reseller
The Internet is an ever-increasing platform that offers new ways to earn money on the Web. One of them is to be a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently active domain names, so this is an enlarging marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name 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 domain names include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that symbolize 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 top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and determines the prerequisites that each concrete TLD may entail, among them the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and handle all DNS resource records.
Make Revenue From Offering Domain Names
Lots of Registrars have reseller programs that enable people to earn revenue from selling domains to end clients. If you subscribe to such a program, you can launch your very own personal online business. Generally, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can reach more clients in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web page hosting CP where you can select the prices for the different top-level domain names that the Registrar offers. Most corporations also offer invoice transaction software and site skins for your virtual storefront, and the automation of the entire process combined with the immense demand for domains make the domain name reseller business so alluring. You will either have a pre-developed website and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal site and form for placing orders. Traditionally, you have the opportunity to select between the 2 options, so it all revolves around how proficient you are in these things. As a domain name reseller, you will operate on behalf of your very own personal trademark name and not under the Registrar's brand.
Gain Revenue From Providing Webspace Hosting Plans Too
A suitable supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to persons who wish to set up their site and require both a domain name and a site hosting package. Given firms furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to bill your clients. You can then offer domain names and shared hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.