Domain name reseller
The World Wide Web is an ever-expanding platform that supplies new options to make money on the Web. One of these ways is to be a domain reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently active domains, so this is a thriving business niche that you can be involved in.
TLDs and SLDs
A domain name involves two entities - a top-level domain name (TLD) and a second-level domain name (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 Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an organization that manages the registrations and determines the requirements that each given top-level domain name may include, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and administer all domain name resource records.
Gain Money From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to gain money from selling domains to end users. If you subscribe to such a program, you can commence your own electronic business. Generally, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more individuals in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer Domains On Behalf Of Your Own Brand
When you register with a domain name reseller program, you will obtain a website hosting Control Panel where you can fix the prices for the individual TLDs that the Registrar offers. Most firms also offer invoicing transaction software and web design layouts for your online shop, and the automation of the whole process coupled with the vast demand for domain names render the domain reseller market so desirable. You will either get a pre-built website and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web page and order form. Generally, you have the opportunity to pick between the two possibilities, so it all depends on how skillful you are in these issues. As a domain reseller, you will operate on behalf of your personal trademark name and not under the Registrar's brand.
Make Money From Selling Site Hosting Accounts As Well
A reasonable supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to individuals who desire to make their online portal and need both a domain name and a web site hosting package. Some corporations offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice transaction software to charge your clients. You can then sell domains and shared website hosting packages to clients, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to people from all over the globe.