Domain name reseller
The World Wide Web is an ever-growing platform that offers new possibilities to gain money on the Internet. One of these possibilities is to be a domain reseller and offer domain names to end customers, gaining 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 active domain names, so this is a developing marketing niche that you can become involved in.
TLDs and SLDs
A domain includes two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an institution that deals with the registrations and sets the prerequisites that each specific top-level domain name may impose, including the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain name records.
Earn Money From Trading Domains
Lots of Registrars have reseller programs that allow individuals to make cash from selling domains to end clients. If you register with such a program, you can build your very own personal Internet business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight 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 at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Domains On Behalf Of Your Very Own Brand
When you sign up for a domain name reseller program, you will receive a CP where you can fix the prices for the specific TLDs that the Registrar provides. Most corporations also provide invoice management software and web site layouts for your web shop, and the automation of the whole procedure together with the expanding demand for domain names render the domain reseller business so tempting. You will either receive a pre-made site and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own portal and order form. Usually, you have the option to choose between the 2 possibilities, so it all depends on how skillful you are in these things. As a domain name reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's.
Gain Revenue From Selling Webspace Hosting Plans As Well
A logical supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to customers who wish to have their web portal and demand both a domain and a website hosting plan. Some firms offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to charge your clients. You can then sell Top-Level Domains and shared web hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to users from all around the world.