Domain name reseller
The Internet is an ever-growing network that supplies new opportunities to make money online. One of these ways is to become a domain reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two entities - 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 Domains
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-character abbreviations that stand for 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 or a country-code TLD, has a Registry - an institution that administers the registrations and determines the preconditions that each specific top-level domain name may contain, such as the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact offer the domain name to customers and handle all DNS records.
Gain Revenue From Reselling Domains
Numerous Registrars have reseller programs that enable people to make money from offering domains to end customers. If you subscribe to such a program, you can kick off your own Internet business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more persons in regional communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will receive a webspace hosting CP where you can fix the prices for the individual top-level domain names that the Registrar provides. Most firms also provide billing transaction software and web page themes for your virtual store, and the automation of the whole process coupled with the immense demand for domain names make the domain reseller market niche so alluring. You will either get a pre-built site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web page and order form. Typically, you have the option to choose between the 2 options, so it all depends on how expert you are in these matters. As a domain name reseller, you will sell on behalf of your own personal trademark name and not under the Registrar's.
Earn Profit From Selling Website Hosting Plans As Well
A proper supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to persons who want to manage their web portal and demand both a domain name and a web hosting account. A number of firms offer such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing software to bill your customers. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to clients from all over the globe.