Domain name reseller
The Internet is an ever-developing platform that supplies new possibilities to gain money online. One of these options is to be a domain reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of presently active domain names, so this is a growing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain comprises 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that manages the registrations and sets the requirements that each specific top-level domain name may have, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and handle all domain records.
Gain Profit From Offering Domains
Many Registrars have reseller programs that enable people to earn profit from selling domain names to end users. If you sign up for such a program, you can kickstart your own personal electronic business. Typically, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more people in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names Under Your Own Trademark Name
When you register with a domain name reseller program, you will obtain a web hosting Control Panel where you can determine the prices for the specific TLDs that the Registrar offers. Most companies also provide billing management software and web design layouts for your online storefront, and the automation of the whole process combined with the swelling demand for domain names make the domain name reseller market niche so seductive. You will either receive a pre-built site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Generally, you have the opportunity to decide between the 2 options, so it all depends on how advanced you are in these affairs. As a domain reseller, you will do business under your very own personal brand name and not under the Registrar's.
Earn Cash From Supplying Web Space Hosting Accounts As Well
An adequate addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to customers who wish to establish their web page and demand both a domain and a site hosting plan. Certain firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then sell domains and shared web hosting plans to clients, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to persons from all over the globe.