Domain name reseller
The World Wide Web is an ever-enlarging platform that provides new opportunities to gain money online. One of these ways is to become 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. Thousands of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name consists of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain 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 include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete TLD may involve, including the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS records.
Earn Money From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to make revenue from offering domain names to end customers. If you subscribe to such a program, you can launch your own Internet business. Usually, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more people in regional communities or countries where the Registrar may not be known whatsoever. 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 imposes for the domain registration.
Offer Domains Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will get a web space hosting CP where you can set the prices for the individual TLDs that the Registrar provides. Most companies also offer invoice management software and web site themes for your virtual storefront, and the automation of the entire process together with the rising demand for domains render the domain name reseller market niche so attractive. You will either have a turn-key website and utilize the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web site and order form. Generally, you have the opportunity to pick between the 2 options, so it all depends on how trained you are in these things. As a domain reseller, you will do business under your own trademark name and not under the Registrar's.
Make Revenue From Providing Hosting Packages As Well
A sensible addition to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to individuals who want to have their website and need both a domain and a web site hosting package. Particular companies supply such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to bill your clients. You can then offer TLDs and shared hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.