Domain name reseller
The Internet is an ever-flourishing network that supplies new possibilities to make money online. One of these options is to be a domain name reseller and offer domains to end clients, earning profit 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 presently active domains, so this is a growing marketing niche that you can be involved in.
TLDs and SLDs
A domain consists of two entities - a Top-Level Domain (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 domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each specific TLD may have, like the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain resource records.
Earn Profit From Reselling Domains
Numerous Registrars have reseller programs that allow people to gain profit from offering domain names to end users. If you register with such a program, you can launch your own personal web business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more clients in local communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will obtain a web hosting CP where you can settle the prices for the various top-level domain names that the Registrar provides. Most corporations also offer invoicing transaction software and site layouts for your web store, and the automation of the entire procedure combined with the high demand for domains render the domain reseller business so tempting. You will either receive a ready-to-use website and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own portal and form for placing orders. Usually, you have the option to decide between the 2 alternatives, so it all depends on how advanced you are in these matters. As a domain name reseller, you will do business under your very own personal brand name and not under the Registrar's.
Gain Profit From Selling Web Hosting Plans As Well
A sensible addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can give a package deal to individuals who want to have their online portal and need both a domain name and a website hosting plan. Particular firms offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.