Domain name reseller
The Internet is an ever-expanding system that furnishes new opportunities to earn money on the Internet. One of these ways is to become a domain name reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a flourishing trading niche that you can be engaged in.
TLDs and SLDs
A domain name involves 2 constituents - 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 and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-character abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the preconditions that each given Top-Level Domain may include, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS resource records.
Earn Revenue From Selling Domains
Lots of Registrars have reseller programs that permit individuals to earn revenue from selling domains to end users. If you register with such a program, you can initiate your own electronic business. Normally, 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 cause is that resellers can reach more individuals in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties 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 levies for the domain name registration.
Offer Domains On Behalf Of Your Own Personal Brand Name
When you register with a domain reseller program, you will obtain a web site hosting CP where you can choose the prices for the specific TLDs that the Registrar offers. Most firms also offer invoicing software and website layouts for your online store, and the automation of the whole process combined with the growing demand for domains render the domain reseller business niche so alluring. You will either get a ready-for-use web site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal portal and order form. Usually, you have the option to pick between the two possibilities, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will do business on behalf of your own trademark name and not under the Registrar's brand.
Gain Revenue From Supplying Web Space Hosting Packages As Well
A proper supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to customers who wish to develop their website and demand both a domain name and a website hosting account. Certain companies supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to charge your clients. You can then offer domain names and shared website hosting accounts to customers, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to people from all around the world.