Domain name reseller
The World Wide Web is an ever-enlarging platform that furnishes new ways to make cash online. One of them is to become a domain reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a blossoming marketing niche that you can become engaged in.
TLDs and SLDs
A domain consists of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, 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 preconditions that each given top-level domain name may entail, including the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS resource records.
Gain Money From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to make revenue from selling domain names to end users. If you subscribe to such a program, you can launch your very own online business. Typically, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more customers in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell TLDs Under Your Personal Brand Name
When you register with a domain name reseller program, you will have a CP where you can set the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoicing transaction software and web page templates for your web shop, and the automation of the entire process coupled with the big demand for domain names render the domain name reseller business niche so tempting. You will either receive a ready-for-use website and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web site and form for placing orders. 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 and not on behalf of the Registrar's.
Gain Revenue From Providing Hosting Accounts Too
A nice supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to clients who want to launch their website and require both a domain and a webspace hosting package. A few firms offer such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing software to charge your customers. You can then offer top-level domain names and shared hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to users from all over the globe.