Domain name reseller
The Internet is an ever-increasing platform that provides new opportunities to earn money on the Internet. One of them is to become a domain reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is a flowering business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that handles the registrations and determines the preconditions that each given TLD may impose, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations 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 Revenue From Reselling Domains
Many Registrars have reseller programs that enable individuals to gain cash from offering domain names to end clients. If you subscribe to such a program, you can kick off your own personal web business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more clients in regions or states where the Registrar may not be popular whatsoever. This implies 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 client pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will obtain a web site hosting CP where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and web design skins for your virtual store, and the automation of the whole procedure combined with the large demand for domain names make the domain reseller market so attractive. You will either receive a pre-developed site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Normally, you have the opportunity to pick between the 2 possibilities, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will work under your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Profit From Offering Webspace Hosting Accounts Too
A perfect supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to users who would like to set up their online portal and need both a domain and a hosting plan. Particular firms offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to bill your customers. You can then sell Top-Level Domains and shared web hosting plans to customers, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to users from all around the globe.