Domain name reseller
The Internet is an ever-enlarging network that delivers new ways to earn money online. One of these options is to be a domain name reseller and offer domains to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a blossoming marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that administers the registrations and determines the prerequisites that each concrete top-level domain name may include, like 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 administer all domain name resource records.
Gain Profit From Selling Domains
Lots of Registrars have reseller programs that permit individuals to make cash from offering domains to end customers. If you sign up for such a program, you can build your very own web 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 provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade TLDs On Behalf Of Your Very Own Personal Brand
When you register with a domain reseller program, you will get a web space hosting CP where you can determine the prices for the individual top-level domain names that the Registrar offers. Most companies also offer invoice management software and website skins for your web storefront, and the automation of the entire procedure coupled with the towering demand for domains render the domain reseller industry so attractive. You will either acquire a ready-made site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal site and form for placing orders. Commonly, you have the opportunity to choose between the two alternatives, so it all depends on how trained you are in these things. As a domain name reseller, you will work on behalf of your own brand and not under the Registrar's brand.
Make Money From Trading Hosting Services Too
A perfect addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who wish to build their web page and need both a domain name and a hosting account. Particular corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free billing software to charge your customers. You can then sell domain names and shared website hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to customers from all around the world.