Domain name reseller
The Internet is an ever-growing network that supplies new opportunities to gain cash on the Internet. One of these possibilities is to become a domain name reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a flourishing business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that manages the registrations and determines the requirements that each specific Top-Level Domain may contain, like the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to clients and administer all DNS records.
Make Revenue From Offering Domain Names
Multiple Registrars have reseller programs that enable people to gain revenue from offering domains to end users. If you register with such a program, you can launch your own personal web business. Normally, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more persons in regional districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names Under Your Personal Trademark Name
When you register with a domain name reseller program, you will have a web site hosting Control Panel where you can settle the prices for the different TLDs that the Registrar provides. Most corporations also offer billing software and web design layouts for your online store, and the automation of the whole process combined with the growing demand for domains make the domain name reseller business so attractive. You will either have a pre-built site and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal website and order form. Commonly, you have the option to decide between the 2 alternatives, so it all depends on how skilled you are in these affairs. As a domain reseller, you will sell on behalf of your personal brand and not on behalf of the Registrar's.
Earn Revenue From Trading Site Hosting Solutions As Well
A relevant addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to people who would like to have their website and demand both a domain name and a web hosting package. A few firms furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your customers. You can then sell TLDs and shared hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the globe.