Domain name reseller
The Internet is an ever-increasing platform that furnishes new ways to earn money online. One of these options is to be a domain reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domains, so this is a flowering marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-character abbreviations that signify each country. Instances 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 or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each particular TLD may include, such as the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS resource records.
Gain Revenue From Selling Domain Names
Plenty of Registrars have reseller programs that allow people to make revenue from offering domains to end users. If you register with such a program, you can establish your own personal electronic business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more clients in areas or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domains Under Your Very Own Trademark Name
When you register with a domain name reseller program, you will acquire a web site hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar provides. Most companies also offer billing management software and web site templates for your web storefront, and the automation of the whole procedure together with the growing demand for domain names make the domain reseller business niche so attractive. You will either acquire a ready-made web site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own online portal and form for placing orders. Commonly, you have the option to pick between the two options, so it all depends on how experienced you are in these affairs. As a domain reseller, you will do business under your very own brand and not on behalf of the Registrar's brand.
Make Cash From Providing Web Space Hosting Plans As Well
A sensible addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to individuals who want to establish their site and require both a domain name and a web hosting plan. Some corporations furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to bill your clients. You can then offer TLDs and shared web hosting plans to clients, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.