Domain name reseller
The Internet is an ever-expanding system that provides new possibilities to earn money on the Web. One of these options is to be a domain name reseller and sell domain names to end users, gaining revenue 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 marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-character abbreviations that signify each country. Examples of country-code top-level domain names 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 organization that administers the registrations and sets the prerequisites that each specific TLD may entail, like the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS records.
Gain Revenue From Offering Domains
A lot of Registrars have reseller programs that permit individuals to gain money from offering domain names to end customers. If you sign up for such a program, you can initiate your own online business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more people in local districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will receive a site hosting CP where you can fix the prices for the various TLDs that the Registrar provides. Most companies also offer invoice software and web site layouts for your web storefront, and the automation of the entire process together with the enlarging demand for domain names render the domain name reseller market so seductive. You will either get a turn-key site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own online portal and form for placing orders. Traditionally, you have the opportunity to pick between the two alternatives, so it all revolves around how advanced you are in these things. As a domain name reseller, you will do business on behalf of your very own personal trademark name and not under the Registrar's.
Earn Money From Offering Web Space Hosting Solutions As Well
A proper addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to clients who would like to set up their website and demand both a domain name and a hosting package. A number of companies provide such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice software to charge your clients. You can then sell domains and shared website hosting accounts to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to people from all around the world.