Domain name reseller
The World Wide Web is an ever-flourishing platform that furnishes new options to gain money online. One of these ways is to become a domain name reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a flowering marketing niche that you can be a part of.
TLDs and SLDs
A domain includes 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the prerequisites that each specific Top-Level Domain may entail, such as the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS records.
Earn Profit From Selling Domain Names
Lots of Registrars have reseller programs that enable individuals to gain money from offering domains to end clients. If you register with such a program, you can kickstart your own Internet business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more people in local districts or countries 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 imposes for the domain registration.
Trade TLDs On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar provides. Most companies also offer billing management software and design layouts for your online storefront, and the automation of the whole procedure coupled with the towering demand for domain names render the domain name reseller business so alluring. You will either have a pre-developed website and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own site and order form. Typically, you have the opportunity to choose between the two possibilities, so it all depends on how practiced you are in these matters. As a domain reseller, you will do business under your own brand name and not on behalf of the Registrar's brand.
Gain Cash From Offering Website Hosting Plans Too
A relevant addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to customers who would like to develop their web page and require both a domain name and a website hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to bill your customers. You can then sell domain names and shared hosting plans to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to people from all around the globe.