Domain name reseller
The Internet is an ever-developing platform that offers new opportunities to gain money on the Internet. One of these options is to be a domain reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain consists of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-letter abbreviations that represent each country. Instances of ccTLDs 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 organization that tackles the registrations and determines the prerequisites that each specific TLD may contain, like the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Gain Profit From Reselling Domains
Multiple Registrars have reseller programs that allow individuals to make cash from selling domain names to end clients. If you register with such a program, you can kickstart your very own Internet business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more people in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on 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 Top-Level Domains On Behalf Of Your Personal Brand Name
When you sign up for a domain name reseller program, you will have a site hosting Control Panel where you can choose the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoice software and web design skins for your online shop, and the automation of the whole process coupled with the enormous demand for domains make the domain reseller industry so alluring. You will either have a turn-key web site and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Generally, you have the option to pick between the two alternatives, so it all revolves around how accomplished you are in these issues. As a domain name reseller, you will operate on behalf of your very own personal brand and not on behalf of the Registrar's.
Make Money From Trading Web Space Hosting Plans As Well
A sensible supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to users who wish to build their web page and need both a domain name and a website hosting package. Certain corporations have such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to bill your clients. You can then sell domains and shared hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to users from all around the globe.