Domain name reseller
The Internet is an ever-developing system that offers new ways to earn money online. One of these options is to become a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is a flourishing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name involves 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD 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 Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-character abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each particular top-level domain name may have, like the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and manage all DNS records.
Gain Cash From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to make cash from selling domain names to end users. If you sign up for such a program, you can kickstart your very own personal electronic business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more persons in areas or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domains Under Your Very Own Brand Name
When you subscribe to a domain reseller program, you will acquire a CP where you can set the prices for the specific top-level domain names that the Registrar provides. Most firms also offer billing management software and design themes for your virtual storefront, and the automation of the entire procedure together with the vast demand for domain names render the domain name reseller market so tempting. You will either obtain a turn-key website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Normally, you have the opportunity to choose between the two alternatives, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will sell under your own personal brand name and not on behalf of the Registrar's brand.
Earn Cash From Providing Hosting Accounts Too
An appropriate supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who want to develop their site and need both a domain and a web space hosting account. Certain companies furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing transaction software to bill your clients. You can then sell domains and shared website hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.