Domain name reseller
The Internet is an ever-developing system that supplies new opportunities to gain money online. One of these ways is to become a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a blossoming trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of two components - a Top-Level Domain (TLD) and a second-level domain name (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 Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each specific TLD may impose, like the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name records.
Earn Cash From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to make money from selling domain names to end customers. If you register with such a program, you can kick off your own electronic business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more persons in regional districts or countries where the Registrar may not be famous at all. This implies 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 user pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will acquire a site hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer billing management software and web site skins for your online store, and the automation of the entire procedure combined with the enormous demand for domains make the domain name reseller business so desirable. You will either get a ready-for-use website and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and order form. Usually, you have the option to choose between the two alternatives, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will operate on behalf of your own personal brand and not on behalf of the Registrar's brand.
Earn Money From Reselling Webspace Hosting Services As Well
A proper addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to users who want to manage their site and need both a domain and a web site hosting package. A number of firms supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to bill your customers. You can then offer domain names and shared web hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to clients from all around the world.