Domain name reseller
The World Wide Web is an ever-expanding community that generates new possibilities to make money on the Internet. One of these options is to become 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 and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domain names, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each given Top-Level Domain may entail, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name records.
Gain Revenue From Reselling Domain Names
Plenty of Registrars have reseller programs that allow people to make cash from selling domains to end customers. If you register with such a program, you can commence your own web business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more users in local districts or states where the Registrar may not be known at all. This means 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 requires for the domain name registration.
Offer Domain Names Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will get a webspace hosting Control Panel where you can select the prices for the specific TLDs that the Registrar provides. Most corporations also provide billing management software and site layouts for your virtual shop, and the automation of the entire procedure combined with the proliferating demand for domain names make the domain reseller industry so attractive. You will either acquire a pre-made web site and use 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 personal site and form for placing orders. Usually, you have the option to pick between the two alternatives, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will sell on behalf of your personal trademark name and not under the Registrar's brand.
Earn Revenue From Offering Web Site Hosting Services Too
A good supplement to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to clients who desire to set up their web portal and require both a domain and a web space hosting package. Certain firms provide such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to charge your customers. You can then sell domain names and shared hosting plans to clients, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to people from all over the globe.