Domain name reseller
The Internet is an ever-increasing platform that furnishes new options to gain money on the Internet. One of these possibilities is to be a domain reseller and sell 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 and every day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name includes two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that tackles the registrations and sets the prerequisites that each given TLD may have, including the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain name records.
Earn Profit From Offering Domains
Plenty of Registrars have reseller programs that permit people to earn money from offering domains to end clients. If you register with such a program, you can begin your own electronic business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more users in local regions or states where the Registrar may not be famous whatsoever. This implies 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 customer pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a website hosting CP where you can select the prices for the separate TLDs that the Registrar offers. Most companies also provide invoicing software and web page templates for your online storefront, and the automation of the entire procedure coupled with the increasing demand for domains make the domain name reseller market so seductive. You will either have a turn-key web site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web site and form for placing orders. Generally, you have the option to choose between the two possibilities, so it all depends on how skilled you are in these things. As a domain name reseller, you will operate under your very own brand name and not on behalf of the Registrar's brand.
Gain Money From Providing Hosting Solutions As Well
A sensible supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who would like to build their online portal and require both a domain name and a website hosting package. Some companies have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to bill your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to customers from all around the globe.