Domain reseller
The Internet is an ever-enlarging community that delivers new opportunities to earn money on the Web. One of these opportunities is to be a domain name reseller and sell domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is an expanding business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is composed of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the requirements that each concrete top-level domain name may include, like the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and administer all domain resource records.
Earn Money From Reselling Domains
Multiple Registrars have reseller programs that enable people to earn revenue from offering domain names to end users. If you sign up for such a program, you can build your very own online business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more customers in regional communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Domains On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will get a webspace hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide invoice software and design themes for your virtual store, and the automation of the whole procedure together with the strong demand for domains make the domain reseller market so alluring. You will either get a ready-to-use web site and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own site and order form. Normally, you have the opportunity to pick between the two alternatives, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will sell on behalf of your very own trademark name and not under the Registrar's brand.
Gain Revenue From Supplying Web Page Hosting Accounts As Well
A logical addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to customers who want to have their web page and require both a domain and a web page hosting package. A few firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to charge your clients. You can then sell top-level domain names and shared hosting accounts to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.