Domain name reseller
The Internet is an ever-developing platform that offers new options to earn money on the Web. One of them is to be a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a flourishing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that handles the registrations and determines the requirements that each specific top-level domain name may involve, among them the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and administer all DNS records.
Gain Cash From Offering Domain Names
Numerous Registrars have reseller programs that enable individuals to earn money from offering domain names to end customers. If you sign up for such a program, you can set up your own web business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more users in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will have a Control Panel where you can fix the prices for the individual TLDs that the Registrar provides. Most firms also offer billing management software and website skins for your virtual shop, and the automation of the whole process combined with the swelling demand for domains make the domain name reseller market so alluring. You will either obtain a pre-made web site and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Typically, you have the opportunity to select between the two alternatives, so it all depends on how advanced you are in these issues. As a domain reseller, you will work under your very own personal trademark name and not under the Registrar's.
Make Revenue From Promoting Webspace Hosting Packages Too
A relevant supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to persons who desire to make their web portal and need both a domain and a web hosting account. Particular firms supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice transaction software to bill your customers. You can then offer TLDs and shared web hosting packages to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to clients from all over the world.