Domain name reseller
The Internet is an ever-developing platform that furnishes new ways to gain money on the Internet. One of them is to be a domain reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a thriving trading niche that you can be a part of.
TLDs and SLDs
A domain name comprises 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the requirements that each given TLD may include, including the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and handle all DNS records.
Make Money From Selling Domain Names
Numerous Registrars have reseller programs that permit people to earn profit from selling domain names to end users. If you register with such a program, you can begin your very own e-business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more clients in local districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will receive a webspace hosting CP where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and web design themes for your virtual storefront, and the automation of the entire process coupled with the enlarging demand for domains render the domain reseller business so seductive. You will either receive a ready-for-use site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web site and order form. Commonly, you have the option to decide between the two alternatives, so it all revolves around how expert you are in these issues. As a domain reseller, you will work under your very own brand and not under the Registrar's brand.
Earn Cash From Promoting Web Page Hosting Solutions As Well
An appropriate addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to clients who want to manage their web portal and demand both a domain name and a hosting package. A number of firms supply such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to bill your clients. You can then sell top-level domain names and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to persons from all around the world.