Domain name reseller
The Internet is an ever-enlarging network that delivers new possibilities to make cash on the Internet. One of these opportunities is to become a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is an expanding trading niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete TLD may contain, including the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name resource records.
Earn Money From Reselling Domain Names
Plenty of Registrars have reseller programs that permit individuals to make money from offering domains to end users. If you sign up for such a program, you can begin your very own personal electronic business. Usually, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more customers in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer TLDs Under Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will have a website hosting CP where you can fix the prices for the various TLDs that the Registrar provides. Most firms also offer invoice management software and web design layouts for your web store, and the automation of the whole procedure combined with the huge demand for domains render the domain name reseller market niche so seductive. You will either get a turn-key website and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Commonly, you have the option to choose between the 2 alternatives, so it all revolves around how experienced you are in these issues. As a domain reseller, you will operate on behalf of your very own personal brand and not under the Registrar's.
Gain Profit From Reselling Webspace Hosting Services As Well
An adequate addition to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to clients who want to establish their website and need both a domain name and a web space hosting plan. A few corporations have such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your customers. You can then offer TLDs and shared website hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to clients from all around the globe.