Domain name reseller
The Internet is an ever-developing system that supplies new options to make money on the Internet. One of these ways is to become a domain reseller and offer domains to end customers, making profit 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 1 000 000's of presently active domains, so this is a blossoming business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name consists of 2 entities - a top-level domain name (TLD) and a second-level domain name (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 generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the requirements that each particular TLD may entail, including the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain records.
Earn Profit From Offering Domains
Plenty of Registrars have reseller programs that permit individuals to make money from selling domains to end users. If you sign up for such a program, you can commence your very own online business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more persons in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will receive a web space hosting CP where you can settle the prices for the different top-level domain names that the Registrar offers. Most companies also offer billing transaction software and website themes for your online shop, and the automation of the entire process combined with the rising demand for domains make the domain reseller industry so tempting. You will either obtain a turn-key site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own website and order form. Normally, you have the option to decide between the 2 options, so it all revolves around how skillful you are in these things. As a domain reseller, you will sell under your personal brand and not on behalf of the Registrar's brand.
Gain Money From Trading Website Hosting Solutions As Well
A perfect supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to persons who would like to have their online portal and demand both a domain name and a webspace hosting account. Some corporations provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to bill your clients. You can then offer domain names and shared web hosting plans to customers, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.