Domain name reseller
The Internet is an ever-developing platform that generates new ways to gain cash online. One of these ways is to be a domain name reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is a flourishing business niche that you can be involved in.
TLDs and SLDs
A domain name comprises 2 entities - 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 and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-letter abbreviations that correspond to each country. Instances of country-code TLDs 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 manages the registrations and sets the prerequisites that each given Top-Level Domain may impose, like the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and manage all DNS resource records.
Make Revenue From Reselling Domain Names
A lot of Registrars have reseller programs that allow people to earn cash from selling domains to end customers. If you subscribe to such a program, you can initiate your very own personal electronic business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more persons in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Trademark Name
When you register with a domain name reseller program, you will acquire a web hosting Control Panel where you can select the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoice management software and themes for your online store, and the automation of the whole process coupled with the growing demand for domains render the domain name reseller business niche so attractive. You will either obtain a ready-for-use web site 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 set up your very own site and order form. Traditionally, you have the option to decide between the 2 options, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will do business under your very own trademark name and not on behalf of the Registrar's.
Earn Cash From Supplying Web Page Hosting Services Too
A relevant supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to clients who want to create their web site and demand both a domain and a site hosting plan. Some companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to bill your customers. You can then sell domain names and shared web hosting accounts to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.