Domain name reseller
The Internet is an ever-increasing platform that furnishes new opportunities to earn money online. One of these ways is to become a domain reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is a blossoming business niche that you can become a part of.
TLDs and SLDs
A domain name is composed of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the preconditions that each given TLD may involve, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name resource records.
Gain Revenue From Reselling Domains
Lots of Registrars have reseller programs that enable people to make profit from offering domains to end customers. If you sign up for such a program, you can initiate your very own online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more customers in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domains Under Your Own Brand Name
When you register with a domain reseller program, you will acquire a web page hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and website layouts for your virtual store, and the automation of the entire process combined with the huge demand for domains make the domain reseller market so alluring. You will either get a turn-key web site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web site and order form. Commonly, you have the opportunity to pick between the two alternatives, so it all depends on how skillful you are in these things. As a domain name reseller, you will operate under your own personal brand and not on behalf of the Registrar's.
Gain Money From Selling Hosting Services Too
A nice supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to individuals who desire to build their web portal and require both a domain and a hosting plan. A number of firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to charge your clients. You can then offer domain names and shared website hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the world.