Domain name reseller
The Internet is an ever-expanding platform that delivers new ways to earn money on the Internet. One of them is to be a domain reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a blooming business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain comprises two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an organization that manages the registrations and sets the preconditions that each particular TLD may have, like the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS records.
Earn Revenue From Reselling Domains
Lots of Registrars have reseller programs that permit individuals to make cash from offering domain names to end customers. If you register with such a program, you can kick off your own e-business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more customers in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit 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 Personal Trademark Name
When you sign up for a domain name reseller program, you will obtain a website hosting CP where you can fix the prices for the separate top-level domain names that the Registrar offers. Most companies also offer billing transaction software and templates for your web storefront, and the automation of the entire procedure together with the enlarging demand for domain names render the domain reseller business so attractive. You will either have a ready-made web site and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own website and form for placing orders. Generally, you have the opportunity to choose between the 2 options, so it all depends on how practiced you are in these things. As a domain name reseller, you will do business on behalf of your own personal brand and not under the Registrar's.
Gain Revenue From Promoting Hosting Packages As Well
A reasonable supplement to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to people who desire to run their site and demand both a domain and a website hosting plan. Some companies provide such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and free billing transaction software to bill your clients. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.