Domain name reseller
The World Wide Web is an ever-flourishing network that furnishes new options to earn money on the Internet. One of these opportunities is to be a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a thriving business niche that you can be a part of.
TLDs and SLDs
A domain consists of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the requirements that each particular TLD may include, including the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain resource records.
Gain Profit From Reselling Domains
Plenty of Registrars have reseller programs that enable individuals to make cash from offering domains to end customers. If you register with such a program, you can begin your very own Internet business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more people in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domain Names Under Your Own Personal Brand
When you register with a domain reseller program, you will get a site hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar provides. Most companies also offer billing software and website themes for your online store, and the automation of the whole process combined with the strong demand for domain names make the domain name reseller market so alluring. You will either get a ready-to-use web site and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Usually, you have the opportunity to decide between the 2 possibilities, so it all depends on how practiced you are in these things. As a domain name reseller, you will operate on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Earn Profit From Promoting Site Hosting Plans As Well
An appropriate addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to people who would like to build their web portal and demand both a domain name and a web site hosting plan. Particular corporations furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to bill your clients. You can then sell domains and shared hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all over the world.