Domain name reseller
The Internet is an ever-increasing system that supplies new options to gain money online. One of these possibilities is to be a domain name reseller and sell domain names to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of currently active domain names, so this is a developing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains 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 organization that tackles the registrations and determines the preconditions that each concrete top-level domain name may impose, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS records.
Make Money From Reselling Domain Names
Plenty of Registrars have reseller programs that permit people to earn money from offering domains to end users. If you register with such a program, you can establish your own personal electronic 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 user. The cause is that resellers can reach more persons in regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade TLDs Under Your Own Personal Brand
When you sign up for a domain name reseller program, you will get a web page hosting Control Panel where you can select the prices for the various TLDs that the Registrar offers. Most firms also provide billing transaction software and web design themes for your web store, and the automation of the whole process combined with the increasing demand for domain names render the domain name reseller industry so attractive. You will either obtain a turn-key site and utilize 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 personal website and order form. Usually, you have the opportunity to choose between the two alternatives, so it all revolves around how skilled you are in these things. As a domain reseller, you will do business on behalf of your personal brand and not on behalf of the Registrar's.
Earn Money From Promoting Web Site Hosting Packages Too
A sensible supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to people who desire to run their web site and require both a domain and a web site hosting package. Particular corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to bill your customers. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.