Domain name reseller
The Internet is an ever-growing system that generates new ways to earn money on the Web. One of these options is to be a domain reseller and offer domains to end users, gaining revenue 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 millions of currently active domains, so this is a thriving marketing niche that you can become engaged in.
TLDs and SLDs
A domain is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific Top-Level Domain may contain, including the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to clients and handle all DNS records.
Gain Profit From Selling Domain Names
Plenty of Registrars have reseller programs that allow individuals to make money from offering domain names to end customers. If you subscribe to such a program, you can kick off your own personal e-business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more customers in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from 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 TLDs On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will acquire a web space hosting Control Panel where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and themes for your virtual shop, and the automation of the whole procedure combined with the vast demand for domains render the domain name reseller industry so attractive. You will either get a ready-to-use site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal online portal and order form. Commonly, you have the opportunity to select between the two alternatives, so it all depends on how accomplished you are in these matters. As a domain reseller, you will do business under your personal brand and not on behalf of the Registrar's brand.
Gain Revenue From Promoting Hosting Services As Well
A relevant addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to users who want to make their web portal and demand both a domain name and a website hosting plan. Some firms furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to charge your customers. You can then offer TLDs and shared website hosting packages to clients, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the world.