Domain name reseller
The World Wide Web is an ever-enlarging platform that provides new possibilities to make money online. One of these options is to become a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a thriving trading niche that you can be a part of.
TLDs and SLDs
A domain name contains 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the prerequisites that each specific TLD may include, including the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS resource records.
Earn Money From Offering Domains
Numerous Registrars have reseller programs that enable individuals to make money from offering domains to end users. If you register with such a program, you can kick off your very own personal electronic business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more users in regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Brand Name
When you register with a domain name reseller program, you will obtain a CP where you can choose the prices for the different TLDs that the Registrar offers. Most firms also provide billing management software and web design themes for your online shop, and the automation of the whole process together with the vast demand for domains render the domain reseller industry so tempting. You will either acquire a turn-key website and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Generally, you have the opportunity to pick between the 2 alternatives, so it all depends on how skillful you are in these issues. As a domain name reseller, you will work on behalf of your personal brand and not under the Registrar's brand.
Make Money From Reselling Hosting Services As Well
A proper supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to clients who would like to establish their website and need both a domain name and a web hosting plan. Some firms offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice transaction software to bill your customers. You can then sell top-level domain names and shared website hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.