Domain name reseller
The World Wide Web is an ever-increasing network that generates new possibilities to earn money on the Internet. One of these options is to be a domain reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is an expanding business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name includes 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-character abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the preconditions that each concrete top-level domain name may have, including the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and handle all DNS records.
Make Money From Selling Domains
Multiple Registrars have reseller programs that allow people to gain revenue from offering domain names to end users. If you register with such a program, you can begin your very own personal online business. Usually, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more clients in provinces or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domains On Behalf Of Your Personal Brand Name
When you sign up for a domain name reseller program, you will get a web space hosting CP where you can choose the prices for the separate top-level domain names that the Registrar offers. Most companies also provide billing management software and site layouts for your online storefront, and the automation of the entire process combined with the enlarging demand for domain names render the domain name reseller industry so desirable. You will either get a pre-made website and avail 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 own personal online portal and form for placing orders. Typically, you have the opportunity to pick between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain name reseller, you will sell under your very own personal brand name and not on behalf of the Registrar's.
Make Money From Offering Hosting Services Too
A perfect supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to customers who wish to develop their website and need both a domain name and a web page hosting plan. Certain firms furnish such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to charge your clients. You can then offer top-level domain names and shared hosting packages to customers, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the world.