Domain name reseller
The Internet is an ever-expanding network that furnishes new possibilities to gain money on the Internet. One of these possibilities is to be a domain name reseller and sell domain names to end customers, gaining revenue 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 active domains, so this is a blooming trading niche that you can become involved in.
TLDs and SLDs
A domain name comprises two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".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 popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an institution that administers the registrations and sets the requirements that each concrete TLD may involve, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually offer the domain name to customers and administer all DNS resource records.
Make Profit From Reselling Domains
A lot of Registrars have reseller programs that permit individuals to gain cash from selling domains to end users. If you register with such a program, you can initiate your very own personal Internet business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more users in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will profit 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 registration.
Offer TLDs Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will have a webspace hosting Control Panel where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide invoice management software and website layouts for your web storefront, and the automation of the entire procedure coupled with the strong demand for domains make the domain name reseller business so alluring. You will either acquire a turn-key site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal website and form for placing orders. Commonly, you have the option to select between the 2 options, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will do business under your very own brand and not under the Registrar's.
Earn Profit From Supplying Webspace Hosting Solutions As Well
A good supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to customers who wish to develop their site and demand both a domain name and a web hosting account. Some corporations supply such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to charge your clients. You can then offer TLDs and shared website hosting plans to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.