Domain name reseller
The Internet is an ever-developing platform that offers new ways to make money on the Internet. One of these ways is to be a domain reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each specific top-level domain name may include, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name resource records.
Make Money From Selling Domain Names
Lots of Registrars have reseller programs that allow individuals to gain profit from selling domain names to end customers. If you sign up for such a program, you can launch your own personal electronic business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more clients in regional districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domains On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will get a web page hosting CP where you can select the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoice software and web page templates for your virtual shop, and the automation of the whole process combined with the considerable demand for domains render the domain name reseller market so seductive. You will either receive a turn-key site and make use of the Registrar platform to resell 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. Typically, you have the opportunity to pick between the 2 options, so it all revolves around how expert you are in these things. As a domain name reseller, you will sell on behalf of your own personal brand and not on behalf of the Registrar's brand.
Gain Cash From Providing Website Hosting Accounts As Well
A suitable supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who want to manage their website and require both a domain and a webspace hosting plan. Particular corporations furnish such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to charge your clients. You can then offer domain names and shared website hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.