Domain reseller
The Internet is an ever-expanding community that delivers new ways to earn money on the Internet. One of these options is to be a domain name reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a developing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain includes two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the requirements that each given top-level domain name may impose, including the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain name records.
Gain Money From Offering Domains
Many Registrars have reseller programs that permit individuals to earn cash from offering domain names to end clients. If you register with such a program, you can initiate your very own personal Internet business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more people in local regions 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 client pays and the one that the Registrar requires for the domain registration.
Offer Domain Names Under Your Own Brand Name
When you register with a domain name reseller program, you will have a web space hosting Control Panel where you can determine the prices for the separate TLDs that the Registrar provides. Most firms also offer billing management software and web themes for your virtual store, and the automation of the entire procedure coupled with the increasing demand for domain names render the domain name reseller market so tempting. You will either acquire a turn-key site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own web portal and order form. Usually, you have the opportunity to decide between the two alternatives, so it all revolves around how skilled you are in these matters. As a domain reseller, you will do business on behalf of your personal brand and not on behalf of the Registrar's brand.
Gain Revenue From Providing Web Hosting Accounts As Well
A suitable supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to people who desire to manage their online portal and need both a domain name and a web space hosting account. A number of firms furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.