Domain name reseller
The Internet is an ever-flourishing system that delivers new ways to make money on the Web. One of these opportunities is to become a domain reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of presently active domain names, so this is a flowering marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that deals with the registrations and determines the prerequisites that each specific Top-Level Domain may involve, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain name records.
Earn Cash From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to gain money from selling domain names to end users. If you register with such a program, you can set up your very own personal web business. Usually, a domain name 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 reason is that resellers can reach more people in regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Own Brand
When you sign up for a domain name reseller program, you will obtain a website hosting CP where you can fix the prices for the various TLDs that the Registrar provides. Most firms also offer invoicing transaction software and website templates for your virtual shop, and the automation of the entire procedure combined with the large demand for domains make the domain name reseller business niche so alluring. You will either get a turn-key website 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 create your own web portal and form for placing orders. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all revolves around how skillful you are in these things. As a domain name reseller, you will do business on behalf of your personal brand and not under the Registrar's.
Gain Cash From Trading Hosting Plans As Well
A proper supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to customers who desire to develop their site and require both a domain and a web page hosting plan. Given firms have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to bill your customers. You can then offer domain names and shared website hosting packages to customers, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.