Domain name reseller
The Internet is an ever-growing system that supplies new possibilities to earn money on the Web. One of these opportunities is to become a domain reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain contains 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-letter abbreviations that symbolize each country. Examples 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 ccTLD, has a Registry - an institution that handles the registrations and determines the preconditions that each particular Top-Level Domain may involve, like the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name resource records.
Earn Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn money from offering domain names to end customers. If you register with such a program, you can begin your very own personal online business. Usually, 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 user. The explanation is that resellers can reach more people in local districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Domains Under Your Very Own Brand
When you register with a domain name reseller program, you will acquire a site hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar offers. Most firms also offer billing management software and web templates for your virtual shop, and the automation of the whole process coupled with the flourishing demand for domain names render the domain name reseller market so seductive. You will either obtain a pre-built site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal site and order form. Typically, you have the option to choose between the two alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will sell under your very own personal brand name and not on behalf of the Registrar's brand.
Gain Cash From Supplying Site Hosting Plans As Well
A nice supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to people who want to have their web portal and demand both a domain name and a site hosting plan. A number of corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to bill your clients. You can then sell TLDs and shared hosting plans to customers, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to users from all around the world.