Domain name reseller
The World Wide Web is an ever-enlarging platform that furnishes new opportunities to earn money on the Web. One of them is to become a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a blossoming trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains 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 Domains consist of 2-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that deals with the registrations and sets the prerequisites that each concrete top-level domain name may impose, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS resource records.
Gain Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to make revenue from offering domain names to end customers. If you subscribe to such a program, you can establish your own personal web business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more people in regional districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domain Names Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will acquire a website hosting Control Panel where you can choose the prices for the specific TLDs that the Registrar provides. Most companies also provide invoicing software and web themes for your online storefront, and the automation of the entire procedure together with the high demand for domains make the domain name reseller business niche so tempting. You will either obtain a turn-key site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own site and form for placing orders. Typically, you have the option to pick between the 2 options, so it all depends on how experienced you are in these things. As a domain name reseller, you will do business on behalf of your own personal trademark name and not under the Registrar's.
Earn Revenue From Supplying Site Hosting Accounts As Well
A suitable addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to clients who want to set up their web portal and demand both a domain name and a web page hosting plan. Certain firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to charge your clients. You can then offer top-level domain names and shared web hosting accounts to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to users from all over the world.