Domain name reseller
The Internet is an ever-expanding network that offers new ways to make money on the Internet. One of them is to be a domain name reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is a developing trading niche that you can become engaged in.
TLDs and SLDs
A domain name contains 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 name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and determines the prerequisites that each given Top-Level Domain may involve, including the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact offer the domain name to customers and administer all DNS records.
Gain Revenue From Trading Domains
Numerous Registrars have reseller programs that allow individuals to gain profit from selling domain names to end users. If you sign up for such a program, you can set up your very own personal Internet business. Normally, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regional districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web hosting Control Panel where you can settle the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer billing software and design layouts for your virtual store, and the automation of the entire process combined with the rising demand for domains render the domain reseller business so tempting. You will either receive a pre-built web site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal site and form for placing orders. Traditionally, you have the option to decide between the 2 alternatives, so it all depends on how experienced you are in these issues. As a domain reseller, you will work on behalf of your own brand name and not on behalf of the Registrar's.
Earn Money From Offering Web Hosting Plans Too
A suitable supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to people who want to create their website and require both a domain and a website hosting plan. Some companies supply such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to bill your customers. You can then sell domains and shared hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.