Domain name reseller
The Internet is an ever-enlarging system that delivers new ways to gain money on the Internet. One of these options is to be a domain reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is an expanding business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the requirements that each given top-level domain name may have, such as the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS records.
Earn Revenue From Offering Domains
Multiple Registrars have reseller programs that allow individuals to make cash from offering domain names to end customers. If you subscribe to such a program, you can launch your very own personal Internet business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more individuals in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on 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.
Offer Top-Level Domains Under Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will get a web hosting CP where you can fix the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and web templates for your online shop, and the automation of the entire procedure coupled with the huge demand for domain names make the domain name reseller market so seductive. You will either get a turn-key site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web portal and order form. Generally, you have the option to pick between the two alternatives, so it all revolves around how advanced you are in these affairs. As a domain name reseller, you will do business on behalf of your own personal trademark name and not under the Registrar's.
Gain Revenue From Offering Web Space Hosting Plans As Well
A sensible supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to individuals who wish to have their web portal and demand both a domain name and a web page hosting plan. Some firms provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to bill your clients. You can then offer TLDs and shared hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all around the globe.