Domain reseller
The Internet is an ever-developing platform that supplies new options to make money online. One of these options is to become a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domain names, so this is a flourishing marketing niche that you can become engaged in.
TLDs and SLDs
A domain involves 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each specific Top-Level Domain may include, among them the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain name resource records.
Make Revenue From Reselling Domains
Lots of Registrars have reseller programs that allow individuals to make revenue from selling domain names to end customers. If you subscribe to such a program, you can set up your very own e-business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more customers in regional districts or countries where the Registrar may not be famous at all. This implies 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 user pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Personal Brand
When you subscribe to a domain reseller program, you will get a web site hosting Control Panel where you can set the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and skins for your online store, and the automation of the whole procedure coupled with the enlarging demand for domain names render the domain reseller business niche so tempting. You will either receive a pre-developed website and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web portal and order form. Typically, you have the option to select between the 2 possibilities, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Make Cash From Offering Web Site Hosting Plans As Well
A nice supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to customers who wish to establish their web page and require both a domain name and a web space hosting package. Given companies offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing software to charge your clients. You can then offer domains and shared website hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to customers from all over the world.