Domain reseller
The Internet is an ever-flourishing system that offers new opportunities to gain money on the Internet. One of them is to become a domain reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost 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 Names
A domain consists of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the prerequisites that each particular top-level domain name may contain, among them the duration of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain name resource records.
Earn Revenue From Selling Domain Names
Numerous Registrars have reseller programs that allow people to earn revenue from offering domains to end users. If you register with such a program, you can build your own e-business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more customers in local districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names Under Your Very Own Brand Name
When you register with a domain reseller program, you will have a site hosting Control Panel where you can select the prices for the different TLDs that the Registrar offers. Most firms also provide billing transaction software and website templates for your web shop, and the automation of the entire process combined with the significant demand for domain names make the domain reseller business so desirable. You will either get a pre-built web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Generally, you have the option to choose between the 2 alternatives, so it all revolves around how practiced you are in these matters. As a domain name reseller, you will sell on behalf of your very own brand name and not under the Registrar's.
Gain Cash From Providing Web Site Hosting Solutions Too
A proper supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to people who desire to build their website and require both a domain and a webspace hosting package. A few corporations furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to charge your customers. You can then offer domains and shared website hosting plans to customers, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to individuals from all around the world.