Domain name reseller
The World Wide Web is an ever-growing system that provides new possibilities to make money online. One of these options is to be a domain name reseller and offer domains to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domain names, so this is a blossoming marketing niche that you can become engaged in.
TLDs and SLDs
A domain consists of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the requirements that each particular top-level domain name may involve, such as the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name records.
Earn Profit From Reselling Domains
Multiple Registrars have reseller programs that allow people to make revenue from selling domains to end clients. If you sign up for such a program, you can initiate your own Internet business. Normally, 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 client. The reason is that resellers can reach more customers in provinces or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domain Names Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will receive a hosting Control Panel where you can settle the prices for the separate top-level domain names that the Registrar offers. Most firms also provide billing management software and website skins for your online shop, and the automation of the whole procedure together with the strong demand for domains make the domain reseller industry so alluring. You will either obtain a ready-to-use site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own site and form for placing orders. Typically, you have the option to pick between the two alternatives, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will work under your very own personal brand name and not on behalf of the Registrar's.
Gain Money From Trading Web Hosting Services As Well
A perfect addition to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to people who desire to create their web portal and require both a domain name and a web page hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoice software to charge your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the world.