Domain name reseller
The World Wide Web is an ever-growing platform that generates new ways to make cash on the Web. One of these options is to become a domain name reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a thriving marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the prerequisites that each concrete top-level domain name may involve, including the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Make Revenue From Selling Domain Names
Numerous Registrars have reseller programs that allow individuals to gain cash from selling domains to end customers. If you subscribe to such a program, you can set up your own personal online business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more clients in local districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize 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 name registration.
Resell Top-Level Domain Names Under Your Very Own Brand Name
When you register with a domain reseller program, you will have a Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also offer invoicing transaction software and web site skins for your web shop, and the automation of the whole process coupled with the towering demand for domains make the domain reseller market so seductive. You will either receive a pre-built web site 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 set up your own portal and form for placing orders. Typically, you have the opportunity to select between the 2 options, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will do business under your very own brand name and not under the Registrar's brand.
Earn Profit From Offering Site Hosting Plans As Well
A perfect supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to customers who would like to develop their website and demand both a domain and a web site hosting package. A few firms supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to bill your customers. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.