Domain name reseller
The Internet is an ever-flourishing platform that furnishes new possibilities to make cash on the Internet. One of them is to be a domain reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domain names, so this is a flowering business niche that you can be engaged in.
TLDs and SLDs
A domain is made of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the prerequisites that each particular Top-Level Domain may include, including the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name records.
Earn Profit From Offering Domains
Numerous Registrars have reseller programs that permit individuals to earn profit from selling domain names to end customers. If you subscribe to such a program, you can commence your very own online business. As a rule, a domain will cost less 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 people in areas or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoice software and web site skins for your online storefront, and the automation of the entire procedure coupled with the growing demand for domain names render the domain reseller market niche so desirable. You will either receive a pre-developed site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own site and order form. Usually, you have the opportunity to decide between the 2 alternatives, so it all depends on how proficient you are in these affairs. As a domain reseller, you will sell on behalf of your personal brand and not on behalf of the Registrar's brand.
Make Profit From Providing Hosting Plans Too
A perfect supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to customers who desire to manage their web page and need both a domain and a webspace hosting account. Particular corporations furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to bill your clients. You can then offer domains and shared website hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to customers from all over the world.