Domain name reseller
The Internet is an ever-expanding platform that generates new possibilities to make money on the Internet. One of these ways is to become a domain name reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a thriving marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each concrete top-level domain name may have, like the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain records.
Gain Profit From Reselling Domain Names
Multiple Registrars have reseller programs that enable individuals to make cash from offering domain names to end customers. If you register with such a program, you can kick off your very own web business. Regularly, a domain name will cost less 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 individuals in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer Domains Under Your Very Own Personal Brand
When you register with a domain name reseller program, you will have a web page hosting Control Panel where you can fix the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and layouts for your online store, and the automation of the whole process together with the immense demand for domains make the domain name reseller market so desirable. You will either obtain a ready-made site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and order form. Normally, you have the option to decide between the two possibilities, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will do business under your personal brand and not under the Registrar's brand.
Gain Money From Offering Web Site Hosting Services As Well
A reasonable supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to persons who desire to manage their web page and demand both a domain name and a webspace hosting package. A number of corporations furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to bill your clients. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.