Domain name reseller
The World Wide Web is an ever-flourishing platform that generates new opportunities to earn money on the Web. One of these opportunities is to be a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently functioning domains, so this is a flourishing business niche that you can become a part of.
TLDs and SLDs
A domain is made of two constituents - a top-level domain name (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 name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-character abbreviations that denote each country. Examples of country-code top-level domain names 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 Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the requirements that each particular top-level domain name may entail, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and manage all domain name records.
Gain Revenue From Selling Domain Names
Multiple Registrars have reseller programs that allow people to gain revenue from offering domains to end customers. If you subscribe to such a program, you can kickstart your own personal Internet business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more clients in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Domain Names On Behalf Of Your Own Trademark Name
When you sign up for a domain reseller program, you will obtain a hosting CP where you can fix the prices for the various TLDs that the Registrar provides. Most firms also provide invoice transaction software and web page layouts for your online storefront, and the automation of the whole process together with the swelling demand for domains render the domain name reseller business so alluring. You will either acquire a ready-for-use web site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and form for placing orders. Usually, you have the opportunity to decide between the two possibilities, so it all revolves around how skilled you are in these things. As a domain name reseller, you will work under your own personal brand and not under the Registrar's brand.
Make Cash From Providing Webspace Hosting Packages Too
A proper supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to users who would like to launch their site and demand both a domain and a web page hosting account. Certain firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing management software to charge your clients. You can then offer domain names and shared web hosting plans to customers, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the globe.