Domain name reseller
The Internet is an ever-flourishing system that provides new ways to earn money on the Web. One of these possibilities is to become a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blooming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain includes two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that manages the registrations and determines the requirements that each concrete TLD may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to customers and administer all DNS resource records.
Gain Money From Selling Domain Names
Numerous Registrars have reseller programs that allow people to gain revenue from offering domains to end clients. If you sign up for such a program, you can commence your own web business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can contact more persons in local regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domains On Behalf Of Your Very Own Brand Name
When you sign up for a domain name reseller program, you will have a web site hosting Control Panel where you can determine the prices for the different TLDs that the Registrar provides. Most firms also provide billing transaction software and templates for your virtual shop, and the automation of the whole process combined with the flourishing demand for domains make the domain reseller market niche so seductive. You will either receive a ready-to-use site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Typically, you have the option to select between the 2 options, so it all revolves around how practiced you are in these issues. As a domain reseller, you will work under your very own brand and not on behalf of the Registrar's.
Earn Cash From Providing Site Hosting Solutions As Well
A relevant addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to customers who would like to create their web site and need both a domain name and a web hosting account. A number of companies supply such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to bill your customers. You can then offer domains and shared website hosting accounts to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to users from all over the world.