Domain name reseller
The Internet is an ever-enlarging system that provides new opportunities to gain money on the Internet. One of these ways is to be a domain reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a developing business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that stand for each country. Examples of country-code Top-Level Domains 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 name, has a Registry - an institution that tackles the registrations and determines the preconditions that each particular TLD may have, such as the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS records.
Gain Money From Offering Domains
Many Registrars have reseller programs that enable people to earn revenue from selling domain names to end users. If you sign up for such a program, you can initiate your very own e-business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more users in areas or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade TLDs Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a web space hosting CP where you can select the prices for the various TLDs that the Registrar offers. Most companies also offer invoice transaction software and web design templates for your online store, and the automation of the entire procedure together with the proliferating demand for domain names make the domain reseller business so attractive. You will either get a pre-made site and use 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 personal web page and form for placing orders. Generally, you have the opportunity to choose between the two options, so it all depends on how expert you are in these matters. As a domain reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Earn Cash From Supplying Web Page Hosting Accounts As Well
A proper supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who desire to develop their web page and need both a domain and a site hosting package. A number of firms supply such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing transaction software to charge your customers. You can then offer TLDs and shared hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to people from all around the world.