Domain name reseller
The World Wide Web is an ever-growing system that generates new ways to gain cash on the Internet. One of these ways is to be a domain reseller and sell domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a growing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name involves two constituents - 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 name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that stand for each country. Instances of ccTLDs 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 tackles the registrations and determines the prerequisites that each specific TLD may have, including the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and manage all domain resource records.
Earn Revenue From Reselling Domains
Numerous Registrars have reseller programs that permit individuals to earn money from offering domain names to end users. If you register with such a program, you can start your very own online business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more persons in local districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will receive a web page hosting CP where you can choose the prices for the separate TLDs that the Registrar offers. Most corporations also offer invoice software and design templates for your web shop, and the automation of the entire procedure coupled with the strong demand for domains make the domain name reseller market so desirable. You will either have a ready-to-use 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 own web portal and form for placing orders. Traditionally, you have the option to select between the 2 possibilities, so it all depends on how skillful you are in these issues. As a domain name reseller, you will operate under your very own brand and not under the Registrar's.
Gain Cash From Trading Web Page Hosting Services Too
An adequate supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to clients who want to develop their site and demand both a domain name and a hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing transaction software to bill your customers. You can then sell domain names and shared website hosting plans to customers, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.