Domain name reseller
The Internet is an ever-expanding platform that provides new options to earn money on the Internet. One of these possibilities is to become a domain name reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently active domain names, so this is an enlarging business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name consists of two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the preconditions that each specific top-level domain name may include, among them the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all DNS resource records.
Make Money From Selling Domains
Lots of Registrars have reseller programs that allow individuals to gain money from offering domain names to end customers. If you sign up for such a program, you can start your very own personal electronic business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more people in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell TLDs Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will acquire a web page hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar offers. Most companies also provide billing management software and web page layouts for your online shop, and the automation of the entire procedure coupled with the swelling demand for domain names make the domain name reseller business so tempting. You will either acquire a ready-for-use web site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own online portal and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all revolves around how skilled you are in these things. As a domain reseller, you will do business on behalf of your very own personal brand and not under the Registrar's.
Earn Revenue From Offering Site Hosting Solutions As Well
A relevant supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to customers who desire to have their web portal and demand both a domain and a webspace hosting account. A few firms offer such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice transaction software to charge your customers. You can then offer top-level domain names and shared hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.