Domain name reseller
The Internet is an ever-flourishing network that supplies new options to make cash on the Web. One of these ways is to be a domain reseller and offer domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a growing business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name contains 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each given TLD may have, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS records.
Earn Cash From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to gain revenue from selling domains to end users. If you sign up for such a program, you can launch your very own personal Internet business. Normally, a domain name 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 contact more users in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will have a Control Panel where you can choose the prices for the separate top-level domain names that the Registrar offers. Most firms also provide invoicing transaction software and site themes for your online storefront, and the automation of the entire procedure together with the significant demand for domains make the domain reseller business niche so desirable. You will either acquire a pre-built website and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Typically, you have the option to choose between the two options, so it all revolves around how trained you are in these things. As a domain reseller, you will do business under your own personal trademark name and not on behalf of the Registrar's.
Gain Profit From Reselling Website Hosting Plans As Well
A sensible addition to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to users who desire to develop their web portal and require both a domain name and a website hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to bill your clients. You can then offer domain names and shared hosting accounts to customers, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.