Domain name reseller
The World Wide Web is an ever-enlarging community that furnishes new ways to earn money online. One of these options is to become a domain reseller and sell domain names to end customers, earning profit 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 domain names, so this is a thriving business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take 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 top-level domain names can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-character abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific Top-Level Domain may impose, including the length of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and manage all domain resource records.
Earn Cash From Trading Domain Names
Multiple Registrars have reseller programs that allow individuals to gain revenue from selling domains to end clients. If you register with such a program, you can launch your very own Internet business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more persons in regional communities 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 user pays and the one that the Registrar levies for the domain registration.
Resell Domains On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web hosting CP where you can set the prices for the different top-level domain names that the Registrar provides. Most corporations also provide billing transaction software and website templates for your virtual shop, and the automation of the entire process combined with the immense demand for domain names make the domain reseller industry so desirable. You will either receive a ready-to-use web site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own portal and form for placing orders. Usually, you have the option to choose between the two alternatives, so it all depends on how accomplished you are in these things. As a domain reseller, you will work on behalf of your personal brand name and not under the Registrar's brand.
Make Money From Promoting Web Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to individuals who wish to establish their online portal and need both a domain and a website hosting plan. Given corporations furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing software to bill your clients. You can then offer domains and shared website hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to customers from all around the globe.