Domain name reseller
The Internet is an ever-increasing platform that provides new ways to earn money online. One of them is to be a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is a blooming marketing niche that you can become engaged in.
TLDs and SLDs
A domain name contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that deals with the registrations and sets the prerequisites that each particular top-level domain name may impose, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain records.
Make Money From Selling Domains
Many Registrars have reseller programs that permit people to gain revenue from offering domains to end customers. If you register with such a program, you can commence your own personal electronic business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more people in regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domains Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a web page hosting Control Panel where you can choose the prices for the separate TLDs that the Registrar provides. Most firms also offer invoice management software and web design skins for your web shop, and the automation of the whole process together with the significant demand for domains make the domain name reseller industry so seductive. You will either receive a ready-to-use website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own website and order form. Commonly, you have the option to choose between the 2 alternatives, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will operate under your own brand and not on behalf of the Registrar's brand.
Make Revenue From Reselling Webspace Hosting Solutions As Well
A suitable supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to persons who want to run their website and require both a domain name and a site hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing transaction software to bill your customers. You can then offer domain names and shared web hosting plans to customers, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to users from all over the world.