Domain name reseller
The Internet is an ever-growing network that offers new ways to earn money online. One of these possibilities is to become a domain reseller and offer domain names to end customers, earning 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 1 000 000's of currently functioning domain names, so this is an enlarging trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 constituents - a top-level domain name (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 Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-character abbreviations that correspond to each country. Instances of country-code TLDs 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 name, has a Registry - an organization that administers the registrations and determines the requirements that each specific top-level domain name may include, including the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Earn Money From Selling Domain Names
Multiple Registrars have reseller programs that permit individuals to gain cash from offering domains to end clients. If you sign up for such a program, you can launch your very own personal web business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more persons in provinces or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will take advantage of 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.
Resell Domains Under Your Own Brand
When you subscribe to a domain reseller program, you will obtain a webspace hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar provides. Most firms also offer billing transaction software and web page templates for your web storefront, and the automation of the whole procedure coupled with the swelling demand for domains render the domain reseller market niche so attractive. You will either get a turn-key site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own web page and order form. Traditionally, you have the option to select between the 2 possibilities, so it all depends on how practiced you are in these affairs. As a domain reseller, you will do business on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Make Profit From Supplying Webspace Hosting Services Too
A sensible supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to customers who would like to create their online portal and demand both a domain name and a web page hosting account. A number of firms offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then sell TLDs and shared website hosting plans to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to users from all over the world.