Domain name reseller
The Internet is an ever-developing community that generates new opportunities to gain cash online. One of these ways is to become a domain name reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain comprises two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each concrete Top-Level Domain may impose, including the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS resource records.
Earn Revenue From Trading Domains
Lots of Registrars have reseller programs that allow individuals to make revenue from offering domains to end clients. If you subscribe to such a program, you can set up your own personal web business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more clients in local communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade Domains Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will get a web site hosting Control Panel where you can set the prices for the specific top-level domain names that the Registrar offers. Most firms also offer billing transaction software and web page themes for your virtual shop, and the automation of the whole process together with the big demand for domains make the domain reseller business so desirable. You will either have a ready-made website 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 set up your very own web portal and order form. Normally, you have the opportunity to select between the two possibilities, so it all revolves around how skillful you are in these matters. As a domain reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Money From Selling Web Space Hosting Packages As Well
A sensible supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to individuals who wish to launch their web page and require both a domain and a web site hosting package. A few corporations have such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to charge your customers. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to people from all over the world.