Domain name reseller
The Internet is an ever-expanding platform that provides new options to earn money on the Web. One of these options is to be a domain reseller and sell domains to end clients, making revenue 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 millions of currently active domain names, so this is an enlarging trading niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of 2 parts - a Top-Level Domain (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 name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and determines the prerequisites that each given TLD may involve, such as the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all DNS resource records.
Gain Profit From Selling Domain Names
Numerous Registrars have reseller programs that allow people to earn profit from offering domain names to end customers. If you register with such a program, you can begin your own personal Internet business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more users in regional communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domain Names On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will acquire a web page hosting Control Panel where you can fix the prices for the separate top-level domain names that the Registrar provides. Most firms also offer invoicing transaction software and web site skins for your online storefront, and the automation of the entire procedure combined with the growing demand for domain names render the domain reseller market so attractive. You will either have a pre-built web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal online portal and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all depends on how skillful you are in these matters. As a domain reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's.
Earn Revenue From Trading Website Hosting Accounts Too
A reasonable addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to customers who wish to make their website and demand both a domain and a web site hosting plan. A few companies supply such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to users from all around the world.