Domain name reseller
The World Wide Web is an ever-enlarging platform that delivers new ways to gain money online. One of them is to be a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a thriving trading niche that you can be engaged in.
TLDs and SLDs
A domain consists of 2 entities - a Top-Level Domain (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 TLDs
The TLDs can be generic or country code. The gTLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the requirements that each given top-level domain name may entail, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Earn Profit From Reselling Domains
A lot of Registrars have reseller programs that permit people to make cash from selling domains to end customers. If you subscribe to such a program, you can initiate your very own online business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can reach more people in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will receive a site hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar provides. Most companies also provide invoice software and website skins for your virtual store, and the automation of the whole process coupled with the expanding demand for domain names render the domain name reseller business niche so alluring. You will either obtain a pre-developed web site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web portal and form for placing orders. Normally, you have the opportunity to decide between the two possibilities, so it all revolves around how experienced you are in these affairs. As a domain reseller, you will sell on behalf of your very own brand name and not under the Registrar's.
Earn Revenue From Supplying Site Hosting Plans Too
A relevant supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to individuals who wish to run their web portal and require both a domain name and a webspace hosting account. Some corporations have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing transaction software to bill your customers. You can then offer domains and shared hosting accounts to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all over the globe.