Domain name reseller
The Internet is an ever-growing system that furnishes new options to earn money on the Internet. One of these options is to become a domain name reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domains, so this is a growing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the requirements that each particular top-level domain name may involve, including the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name resource records.
Make Profit From Selling Domain Names
Plenty of Registrars have reseller programs that enable people to earn revenue from offering domain names to end customers. If you register with such a program, you can begin your own Internet business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more customers in areas or countries where the Registrar may not be popular at all. 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 levies for the domain registration.
Resell Domains On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will get a hosting Control Panel where you can fix the prices for the individual top-level domain names that the Registrar provides. Most firms also provide invoicing software and templates for your online storefront, and the automation of the entire process together with the significant demand for domains render the domain reseller market so attractive. You will either receive a ready-to-use website and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own portal and order form. Generally, you have the opportunity to decide between the 2 possibilities, so it all depends on how skillful you are in these things. As a domain name reseller, you will sell under your very own personal brand name and not on behalf of the Registrar's.
Earn Profit From Reselling Webspace Hosting Plans Too
An excellent supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to clients who desire to make their web portal and require both a domain and a web hosting account. Particular corporations offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice software to charge your customers. You can then sell TLDs and shared website hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to offer domain name and hosting services to clients from all around the globe.