Domain name reseller
The World Wide Web is an ever-growing platform that offers new possibilities to make money on the Web. One of them is to be a domain name reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is an expanding trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name involves 2 constituents - 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 and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve 2-letter 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 TLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the requirements that each concrete TLD may have, such as the length 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 offer the domain name to customers and handle all domain name resource records.
Earn Money From Selling Domains
Plenty of Registrars have reseller programs that allow individuals to earn revenue from selling domain names to end clients. If you sign up for such a program, you can kick off your very own personal Internet business. Generally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Domain Names On Behalf Of Your Very Own Brand Name
When you sign up for a domain name reseller program, you will have a site hosting Control Panel where you can fix the prices for the various TLDs that the Registrar provides. Most firms also offer invoice management software and site themes for your online store, and the automation of the whole process coupled with the significant demand for domain names render the domain reseller market so attractive. You will either acquire a pre-made website and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Commonly, you have the opportunity to pick between the two possibilities, so it all depends on how accomplished you are in these issues. As a domain reseller, you will operate under your very own trademark name and not under the Registrar's brand.
Earn Revenue From Supplying Hosting Solutions As Well
A suitable addition to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who desire to establish their site and require both a domain and a hosting plan. A few companies supply such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to bill your customers. You can then sell TLDs and shared website hosting packages to customers, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to users from all around the world.