Domain name reseller
The Internet is an ever-flourishing platform that supplies new possibilities to make money on the Web. One of these ways is to be a domain reseller and sell domain names to end users, making profit 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 presently functioning domain names, so this is a blossoming trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name consists of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific Top-Level Domain may entail, among them the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that enable people to earn cash from offering domains to end customers. If you register with such a program, you can start your own personal e-business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more people in areas or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you register with a domain reseller program, you will obtain a web site hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar provides. Most companies also offer billing transaction software and design templates for your online storefront, and the automation of the entire procedure combined with the increasing demand for domain names make the domain name reseller market niche so desirable. You will either obtain a ready-made web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own site and order form. Usually, you have the opportunity to decide between the two possibilities, so it all depends on how experienced you are in these matters. As a domain name reseller, you will sell under your own personal brand and not under the Registrar's brand.
Earn Revenue From Selling Webspace Hosting Accounts As Well
An adequate addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who desire to establish their web portal and need both a domain name and a web space hosting plan. A few firms supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice software to bill your customers. You can then sell TLDs and shared website hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all around the globe.