Domain name reseller
The Internet is an ever-enlarging community that furnishes new ways to make cash on the Web. One of these options is to be a domain reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blooming trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name includes two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an institution that handles the registrations and determines the requirements that each particular Top-Level Domain may include, including the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS records.
Earn Cash From Offering Domains
Plenty of Registrars have reseller programs that permit individuals to earn money from offering domain names to end users. If you subscribe to such a program, you can commence your own personal Internet business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more persons in regional communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will benefit 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.
Trade Domains Under Your Personal Brand
When you subscribe to a domain name reseller program, you will get a web hosting CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most firms also provide billing transaction software and web page templates for your virtual store, and the automation of the whole procedure coupled with the proliferating demand for domain names make the domain reseller business niche so attractive. You will either receive a pre-built site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal site and order form. Commonly, you have the option to pick between the 2 options, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will work under your own brand and not under the Registrar's brand.
Gain Money From Promoting Hosting Services As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to people who desire to make their site and demand both a domain name and a webspace hosting package. Some firms provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to charge your customers. You can then sell top-level domain names and shared website hosting accounts to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to users from all over the world.