Domain name reseller
The Internet is an ever-developing community that offers new ways to make cash online. One of these ways is to become a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is an increasing business niche that you can be a part of.
TLDs and SLDs
A domain name is composed of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the preconditions that each given top-level domain name may involve, like the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain records.
Earn Profit From Reselling Domains
Plenty of Registrars have reseller programs that enable people to earn cash from offering domain names to end customers. If you subscribe to such a program, you can kickstart your own web business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more persons in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell TLDs Under Your Own Personal Brand
When you register with a domain reseller program, you will receive a webspace hosting Control Panel where you can select the prices for the different TLDs that the Registrar provides. Most corporations also offer invoice software and web page templates for your online store, and the automation of the whole process together with the significant demand for domains render the domain reseller business niche so alluring. You will either have a pre-developed website and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Usually, you have the option to decide between the 2 options, so it all depends on how practiced you are in these things. As a domain reseller, you will sell on behalf of your own brand name and not on behalf of the Registrar's.
Make Cash From Supplying Webspace Hosting Plans As Well
A sensible supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to customers who wish to run their site and demand both a domain name and a web space hosting account. Given corporations have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to bill your clients. You can then offer TLDs and shared website hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to people from all over the globe.