Domain reseller
The World Wide Web is an ever-developing system that provides new ways to make cash on the Internet. One of them is to be a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently functioning domains, so this is a flowering business niche that you can be involved in.
TLDs and SLDs
A domain name is made of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each concrete Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain resource records.
Earn Revenue From Selling Domain Names
Lots of Registrars have reseller programs that enable individuals to make profit from selling domain names to end clients. If you sign up for such a program, you can kickstart your own personal web business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more users in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Domains Under Your Own Personal Brand Name
When you register with a domain reseller program, you will get a hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide invoicing transaction software and design skins for your web store, and the automation of the whole process combined with the considerable demand for domains make the domain name reseller industry so desirable. You will either have a ready-made site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web site and order form. Commonly, you have the option to pick between the two options, so it all depends on how expert you are in these matters. As a domain reseller, you will sell on behalf of your very own brand name and not on behalf of the Registrar's.
Gain Revenue From Promoting Hosting Accounts As Well
A nice supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to persons who would like to create their website and require both a domain name and a web hosting package. A few companies offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to bill your clients. You can then sell Top-Level Domains and shared web hosting plans to customers, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.