Domain name reseller
The World Wide Web is an ever-flourishing platform that delivers new options to earn money on the Internet. One of them is to be a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can be engaged in.
TLDs and SLDs
A domain name is made of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an institution that tackles the registrations and determines the preconditions that each given TLD may have, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS resource records.
Earn Money From Offering Domains
Numerous Registrars have reseller programs that permit individuals to make revenue from offering domains to end users. If you subscribe to such a program, you can initiate your very own Internet business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more users in local regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will have a web page hosting CP where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer billing software and web site skins for your online shop, and the automation of the entire process coupled with the enormous demand for domain names make the domain name reseller market so tempting. You will either acquire a ready-made website and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal website and form for placing orders. Normally, you have the option to select between the two possibilities, so it all revolves around how advanced you are in these matters. As a domain reseller, you will sell on behalf of your own trademark name and not under the Registrar's.
Gain Money From Providing Hosting Packages Too
A proper addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to clients who would like to set up their web portal and require both a domain and a hosting account. Certain companies have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to bill your customers. You can then sell domains and shared web hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.