Domain name reseller
The Internet is an ever-growing platform that furnishes new ways to make money online. One of them is to be a domain reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a growing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain contains 2 components - 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.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the requirements that each specific top-level domain name may involve, including the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name resource records.
Earn Revenue From Trading Domain Names
Many Registrars have reseller programs that permit people to earn revenue from selling domains to end clients. If you register with such a program, you can start your own online business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more people in regional districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domain Names Under Your Personal Brand
When you subscribe to a domain reseller program, you will obtain a web site hosting CP where you can determine the prices for the various TLDs that the Registrar provides. Most companies also provide invoice software and design themes for your virtual store, and the automation of the entire procedure coupled with the swelling demand for domain names make the domain name reseller business niche so desirable. You will either get a ready-to-use website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Usually, you have the opportunity to choose between the two possibilities, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will operate on behalf of your own brand and not under the Registrar's brand.
Gain Profit From Offering Site Hosting Packages As Well
A good addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to persons who want to build their web portal and need both a domain and a site hosting package. A number of firms provide such options. With 'ResellersPanel', for instance, you can order 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 bill your clients. You can then sell domains and shared website hosting packages to clients, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the world.