Domain name reseller
The World Wide Web is an ever-developing community that generates new ways to gain money on the Internet. One of these options is to become a domain name reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a thriving business niche that you can become involved in.
TLDs and SLDs
A domain name is composed of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick 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 Domains can be generic or country code. The generic TLDs comprise 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 stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and determines the preconditions that each specific top-level domain name may contain, such as 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 sell the domain name to customers and manage all DNS resource records.
Gain Revenue From Selling Domains
Many Registrars have reseller programs that enable people to make revenue from selling domain names to end customers. If you register with such a program, you can kickstart your own e-business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more users in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will get a Control Panel where you can fix the prices for the specific TLDs that the Registrar provides. Most companies also offer invoice management software and web page templates for your web shop, and the automation of the whole procedure coupled with the vast demand for domains make the domain name reseller market so tempting. You will either receive a ready-to-use web site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web page and order form. Typically, you have the opportunity to pick between the 2 options, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will sell under your personal brand and not under the Registrar's brand.
Earn Profit From Providing Web Site Hosting Packages Too
An excellent supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who desire to develop their website and need both a domain name and a web space hosting package. Particular companies supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing management software to bill your customers. You can then sell domain names and shared hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.