Domain name reseller
The Internet is an ever-flourishing network that provides new possibilities to earn money on the Web. One of these options is to become a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a thriving trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain comprises 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete top-level domain name may contain, among them the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name records.
Earn Profit From Offering Domain Names
Many Registrars have reseller programs that allow individuals to make profit from offering domains to end clients. If you register with such a program, you can commence your own personal Internet business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more persons in local districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will 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.
Offer Domain Names Under Your Very Own Brand Name
When you sign up for a domain reseller program, you will receive a web hosting CP where you can determine the prices for the different TLDs that the Registrar provides. Most firms also offer invoicing transaction software and layouts for your online store, and the automation of the whole procedure coupled with the growing demand for domain names make the domain name reseller market so attractive. You will either obtain a pre-built site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Usually, you have the option to pick between the two possibilities, so it all revolves around how trained you are in these issues. As a domain reseller, you will operate on behalf of your own brand name and not under the Registrar's brand.
Make Revenue From Trading Website Hosting Services Too
A reasonable supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to clients who want to launch their website and demand both a domain name and a web site hosting plan. A number of companies have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to charge your clients. You can then offer domain names and shared hosting packages to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.