Domain reseller
The World Wide Web is an ever-developing community that furnishes new options to earn money on the Web. One of these options is to be a domain name reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a thriving marketing niche that you can become a part of.
TLDs and SLDs
A domain name is made of 2 parts - a top-level domain name (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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain two-letter abbreviations that signify 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 TLD or a country-code TLD, has a Registry - an institution that administers the registrations and determines the requirements that each specific top-level domain name may include, like the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS records.
Make Money From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to gain profit from offering domain names to end customers. If you register with such a program, you can kick off your own personal web business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more users in local districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Domain Names Under Your Very Own Trademark Name
When you register with a domain name reseller program, you will acquire a web site hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and site layouts for your online store, and the automation of the entire procedure together with the high demand for domain names render the domain name reseller business niche so desirable. You will either obtain a ready-to-use site and utilize 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 personal web portal and order form. Generally, you have the option to decide between the 2 options, so it all depends on how accomplished you are in these things. As a domain name reseller, you will do business on behalf of your own brand name and not under the Registrar's.
Make Profit From Supplying Webspace Hosting Solutions As Well
A proper addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to individuals who wish to launch their web page and demand both a domain name and a web page hosting package. Some firms provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to charge your clients. You can then sell domain names and shared website hosting accounts to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the globe.