Domain name reseller
The Internet is an ever-flourishing system that supplies new ways to earn money online. One of these possibilities is to be a domain reseller and sell domain names to end customers, gaining revenue 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 active domain names, so this is a growing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain 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 most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the preconditions that each given TLD may impose, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and handle all DNS records.
Gain Money From Offering Domains
Many Registrars have reseller programs that enable individuals to earn money from offering domains to end users. If you sign up for such a program, you can set up your own electronic business. Typically, 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 client. The explanation is that resellers can contact more persons in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer TLDs On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will have a hosting Control Panel where you can choose the prices for the different top-level domain names that the Registrar provides. Most corporations also provide billing software and web skins for your online shop, and the automation of the whole procedure combined with the expanding demand for domains make the domain name reseller industry so tempting. You will either get a turn-key website and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal website and form for placing orders. Normally, you have the opportunity to select between the 2 alternatives, so it all depends on how practiced you are in these issues. As a domain name reseller, you will operate under your personal brand name and not on behalf of the Registrar's brand.
Earn Cash From Promoting Site Hosting Plans Too
A perfect addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to users who desire to build their site and need both a domain and a website hosting account. Certain firms 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 reseller account and free-of-cost invoice management software to charge your clients. You can then sell domain names and shared website hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to people from all around the globe.