Domain name reseller
The Internet is an ever-growing platform that provides new opportunities to gain cash on the Web. One of them is to be a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of currently active domains, so this is a developing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each specific Top-Level Domain may entail, like the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain resource records.
Earn Profit From Selling Domains
Many Registrars have reseller programs that enable people to gain profit from offering domains to end customers. If you sign up for such a program, you can establish your very own web business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more persons in local regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Personal Brand
When you register with a domain name reseller program, you will receive a web page hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoicing software and web themes for your online store, and the automation of the entire procedure coupled with the towering demand for domain names render the domain reseller business niche so attractive. You will either receive a ready-for-use site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web portal and form for placing orders. Commonly, you have the option to choose between the 2 options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will sell on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Promoting Web Page Hosting Plans As Well
A suitable addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to users who would like to make their website and require both a domain and a website hosting package. A number of firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing transaction software to bill your customers. You can then sell domain names and shared website hosting accounts to clients, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to persons from all around the globe.