Domain name reseller
The Internet is an ever-enlarging community that furnishes new possibilities to make money on the Internet. One of them is to be a domain reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is an expanding trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific top-level domain name may contain, among them the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually offer the domain name to clients and manage all DNS records.
Gain Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to earn money from offering domain names to end customers. If you register with such a program, you can set up your very own electronic business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more individuals in areas or countries 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 customer pays and the one that the Registrar requires for the domain name registration.
Resell Domains On Behalf Of Your Very Own Brand
When you subscribe to a domain reseller program, you will get a webspace hosting Control Panel where you can select the prices for the individual TLDs that the Registrar provides. Most firms also offer invoice software and web page themes for your online shop, and the automation of the whole procedure together with the growing demand for domain names make the domain name reseller business so desirable. You will either have a ready-for-use web site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Generally, you have the opportunity to pick between the two alternatives, so it all revolves around how trained you are in these issues. As a domain reseller, you will do business on behalf of your own brand name and not on behalf of the Registrar's.
Earn Cash From Supplying Site Hosting Plans Too
A perfect supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to persons who desire to have their web portal and demand both a domain name and a webspace hosting plan. Some corporations supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to charge your customers. You can then sell domain names and shared hosting accounts to customers, and since they provide many diverse domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.