Domain name reseller
The World Wide Web is an ever-enlarging network that supplies new opportunities to earn money online. One of them is to be a domain name reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of presently active domain names, so this is a blossoming business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name includes two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that administers the registrations and sets the requirements that each specific TLD may contain, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and handle all DNS records.
Make Revenue From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to earn cash from selling domain names to end clients. If you register with such a program, you can kick off your very own online business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more individuals in regional communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will obtain a web site hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer billing management software and web layouts for your virtual storefront, and the automation of the entire procedure coupled with the towering demand for domain names make the domain name reseller business niche so attractive. You will either have a pre-developed site 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 build your own personal web portal and order form. Generally, you have the opportunity to choose between the two possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will work on behalf of your personal trademark name and not on behalf of the Registrar's.
Earn Revenue From Promoting Site Hosting Solutions Too
A relevant addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to customers who desire to build their site and demand both a domain and a site hosting account. Given companies furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice software to charge your customers. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to clients from all over the world.