Domain name reseller
The Internet is an ever-developing platform that supplies new opportunities to gain cash online. One of these ways is to be a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is an enlarging business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain consists of two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that administers the registrations and determines the requirements that each specific top-level domain name may contain, like the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain resource records.
Gain Money From Trading Domains
Lots of Registrars have reseller programs that permit people to gain revenue from offering domains to end users. If you register with such a program, you can set up your own electronic business. Typically, 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 contact more users in areas or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Offer TLDs On Behalf Of Your Own Personal Brand Name
When you register with a domain reseller program, you will receive a hosting CP where you can settle the prices for the individual TLDs that the Registrar provides. Most firms also provide billing transaction software and web themes for your virtual storefront, and the automation of the whole procedure coupled with the considerable demand for domains render the domain name reseller business so attractive. You will either get a ready-to-use web site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Typically, you have the opportunity to pick between the 2 possibilities, so it all depends on how accomplished you are in these things. As a domain name reseller, you will sell on behalf of your own brand and not on behalf of the Registrar's.
Earn Money From Promoting Hosting Plans As Well
An appropriate supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to persons who wish to create their web portal and need both a domain name and a web hosting package. A number of firms offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to charge your customers. You can then offer top-level domain names and shared web hosting accounts to customers, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to customers from all over the globe.