Domain name reseller
The Internet is an ever-growing community that provides new opportunities to gain cash on the Web. One of these opportunities is to be a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domains, so this is a flowering marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name consists of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the requirements that each particular TLD may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain resource records.
Gain Profit From Offering Domain Names
Multiple Registrars have reseller programs that permit people to earn money from selling domain names to end clients. If you sign up for such a program, you can initiate your very own online business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be known whatsoever. 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 registration.
Resell Domain Names On Behalf Of Your Own Brand Name
When you register with a domain name reseller program, you will get a site hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar provides. Most corporations also offer billing transaction software and design skins for your virtual storefront, and the automation of the whole procedure combined with the enlarging demand for domains make the domain name reseller business niche so alluring. You will either acquire a pre-built web site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Traditionally, you have the option to decide between the 2 alternatives, so it all revolves around how accomplished you are in these things. As a domain reseller, you will do business under your personal brand name and not on behalf of the Registrar's brand.
Gain Cash From Supplying Web Hosting Plans As Well
A suitable addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to persons who would like to run their online portal and require both a domain and a webspace hosting plan. A number of firms provide such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to bill your clients. You can then sell domain names and shared hosting packages to clients, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.