Domain name reseller
The Internet is an ever-flourishing network that generates new ways to make money online. One of them is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is an expanding business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-letter abbreviations that stand for each country. Instances of country-code top-level domain names 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 one, has a Registry - an organization that tackles the registrations and determines the requirements that each given TLD may impose, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name resource records.
Gain Money From Trading Domains
Multiple Registrars have reseller programs that permit individuals to gain money from selling domains to end users. If you subscribe to such a program, you can establish your own Internet business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more customers in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer TLDs On Behalf Of Your Own Personal Brand
When you subscribe to a domain name reseller program, you will get a site hosting Control Panel where you can determine the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer invoicing transaction software and web page skins for your web store, and the automation of the whole process coupled with the flourishing demand for domain names make the domain name reseller market so attractive. You will either get a pre-built web site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal online portal and order form. Commonly, you have the opportunity to decide between the 2 alternatives, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Make Money From Offering Webspace Hosting Plans Too
An adequate supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to users who would like to launch their web portal and demand both a domain name and a site hosting account. Given firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to charge your clients. You can then sell domain names and shared hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.